Find the difference between Compound interest and simple interest for 2years of principle 4000 at the rate of 10% per annum?

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Find the difference between Compound interest and simple interest for 2years of principle 4000 at the rate of 10% per annum?

A35Rs

B20Rs

C40Rs

D80Rs

Answer:

C. 40Rs

Read Explanation:

$CI-SI=P(\frac{R}{100})^2$

$CI-SI=4000(\frac{10}{100})^2$

$=\frac{4000}{100}$

$=40 Rs.$

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