Question
On a certain sum of money, the simple interest for 2 years is Rs. 200 at the rate of 7% per annum. Find the difference in C.I. and S.I.
Answer: Option A
- C.I.- S.I.= R x S.I. = 7 x200 200 200 [Here, R = 7 and S.I. = 200] Rs. 7
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- C.I.- S.I.= R x S.I. = 7 x200 200 200 [Here, R = 7 and S.I. = 200] Rs. 7
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