Mathematics
The difference between C.I. and S.I. in one year on ₹ 5000 at the rate of 10% per annum is :
₹ 00
₹ 500
₹ 5500
₹ 5250
Compound Interest
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Answer
For one year and interest being compounded annually,
Simple interest = Compound interest
∴ Difference between S.I. and C.I. = 0.
Hence, Option 1 is the correct option.
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