A) RS.3 |
B) RS.4 |
C) RS.2 |
D) RS.8 |
C) RS.2 |
Given, P = RS. 1250, n = 2yr and R = 4%
According to the formula,
Difference between compound interest and simple interest = \( \Large \frac{PR^{2}}{100^{2}} \)
Required difference=\( \Large \frac{1250\times 4\times 4}{100\times 100} \)=RS.2