Simple interest on a given amount is alw...

Simple interest on a given amount is always less than or equal to the compound interest on the same amount for the same time period and at the same rate of interest per annum.

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If the simpe interest on a sum of money at 5% per annum for 3 years is Rs 1200 then the compound interest on the same sum for the same period at the same rate will be

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If the simple interest for a certain sum for 2 yr at 5% pa is ? 200, then what will be the compound interest for same sum for same period and at the same rate of interest ?

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NCERT EXEMPLAR-COMPARING QUANTITIES-Exercise

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