Home
Class 14
MATHS
On what sum of money will the difference...

On what sum of money will the difference between S.I and C.I for 2 years at 5% per annum be equal to ₹ 25?
2 वर्ष के लिए 5% प्रतिवर्ष दर से साधारण ब्याज और चक्रवृद्धि ब्याज के बीच अंतर कितनी धन राशि पर ₹25 के बराबर होगा?

A

A)10000

B

B)10.5

C

C)9500

D

D)9000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of finding the sum of money on which the difference between Simple Interest (S.I) and Compound Interest (C.I) for 2 years at 5% per annum is equal to ₹25, we can follow these steps: ### Step 1: Understand the formula for the difference between C.I and S.I The difference between Compound Interest and Simple Interest for 2 years can be calculated using the formula: \[ \text{Difference} = \frac{R^2}{100^2} \times P \] where \( R \) is the rate of interest and \( P \) is the principal amount. ### Step 2: Substitute the known values into the formula In this case, the rate \( R \) is 5% and the difference is ₹25. Therefore, we can substitute these values into the formula: \[ 25 = \frac{5^2}{100^2} \times P \] ### Step 3: Calculate \( \frac{5^2}{100^2} \) Calculating \( \frac{5^2}{100^2} \): \[ \frac{5^2}{100^2} = \frac{25}{10000} = 0.0025 \] ### Step 4: Set up the equation Now, we can set up the equation using the value we calculated: \[ 25 = 0.0025 \times P \] ### Step 5: Solve for \( P \) To find \( P \), we can rearrange the equation: \[ P = \frac{25}{0.0025} \] Calculating \( P \): \[ P = 25 \div 0.0025 = 10000 \] ### Conclusion The sum of money on which the difference between S.I and C.I for 2 years at 5% per annum is equal to ₹25 is ₹10,000.

To solve the problem of finding the sum of money on which the difference between Simple Interest (S.I) and Compound Interest (C.I) for 2 years at 5% per annum is equal to ₹25, we can follow these steps: ### Step 1: Understand the formula for the difference between C.I and S.I The difference between Compound Interest and Simple Interest for 2 years can be calculated using the formula: \[ \text{Difference} = \frac{R^2}{100^2} \times P \] where \( R \) is the rate of interest and \( P \) is the principal amount. ...
Promotional Banner