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प्रश्न
Simple interest on a given amount is always less than or equal to the compound interest on the same amount for the same time period and at the same rate of interest per annum.
विकल्प
True
False
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उत्तर
This statement is False.
Explanation:
For 1 yr, the simple interest and compound interest for same amount on same rate of interest are equal.
But for 2 yr, the simple interest is less than the compound interest for same amount on same rate of interest.
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संबंधित प्रश्न
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 1,200 at 12% p.a.
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Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum.
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Amount obtained by depositing ₹ 20,000 at 8% per annum for six months is ______.
Interest = `(P xx R xx T)/100`, where T is ______ R% is ______ and P is ______.
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What sum of money lent out at 16 per cent per annum simple interest would produce ₹ 9600 as interest in 2 years?
