Q. The difference between CI and SI for 2 years on ₹5000 at 8% p.a is:
✅ Correct Answer: (A)
₹32
Explanation: Difference = P(R² / 100²) = 5000 × (64 / 10000) = 32.
Explanation by: Mr. Dubey
Difference = P(R² / 100²) = 5000 × (64 / 10000) = 32.