There is no difference in C.I and S.I for the first year or the first conversion period.

**Difference
between C.I and S.I**

• There is
no difference in C.I and S.I for the first year or the first conversion period.

• For 2 years,
the difference in C.I and S.I is

C.I – S.I
=P (r/100 )^{2}

• For 3 years,
the difference in C.I and S.I is

** **

**Example 4.18**

Find the
difference in C.I and S.I for

(i) P = ₹5000,
r = 4% p.a, n = 2 years.

(ii) P =
₹8000, r = 5% p.a, n = 3 years.

*Solution:*

Tags : Life Mathematics | Chapter 4 | 8th Maths , 8th Maths : Chapter 4 : Life Mathematics

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8th Maths : Chapter 4 : Life Mathematics : Difference between C.I and S.I | Life Mathematics | Chapter 4 | 8th Maths

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