Find the difference between the compound interest and simple interest. On a sum of Rs. 50,000 at 10% per annum for 2 years.

Explanation

To find the difference between the compound interest (CI) and simple interest (SI) on a sum of Rs. 50,000 at 10% per annum for 2 years, we will follow these steps:

### Step 1: Calculate Simple Interest (SI)
The formula for Simple Interest is:
\[ SI = \frac{P \times R \times T}{100} \]
Where:
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