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(b) $SI =\frac{p 	imes r 	imes t}{2}=\frac{7300 	imes 2 	imes 6}{100}=876$

$C I=7300\left[\left(1 \frac{6}{100}ight)^{2}-1ight]=7300\left[\

Vedclass · Accepted Answer

$26.28$

Vedclass · Answer

(b) $SI =\frac{p 	imes r 	imes t}{2}=\frac{7300 	imes 2 	imes 6}{100}=876$

$C I=7300\left[\left(1 \frac{6}{100}ight)^{2}-1ight]=7300\left[\left(\frac{53}{50}ight)^{2}-1ight]$

$=7300\left[\frac{2809-2500}{2500}ight]=7300 	imes \frac{309}{2500}=902.28$

$	herefore \quad$ Difference $=902.28-876=26.28$

What is the difference between the simple and the compound interest (In ₹) on ₹ $7,300$ at the rate of $6$ $p.c.p.a.$ in $2$ years?

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