{"id":165155,"date":"2024-03-22T14:23:50","date_gmt":"2024-03-22T08:53:50","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=165155"},"modified":"2024-03-22T14:23:52","modified_gmt":"2024-03-22T08:53:52","slug":"find-the-difference-between-the-simple-interest-and-the-compound-interest-payable-annually-on-a-sum-of-rs-6500-at-7-per-annum-for-3-years","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/find-the-difference-between-the-simple-interest-and-the-compound-interest-payable-annually-on-a-sum-of-rs-6500-at-7-per-annum-for-3-years\/","title":{"rendered":"Find the difference between the simple interest and the compound interest payable annually on a sum of Rs.6,500 at 7% per annum for 3 years"},"content":{"rendered":"\n<p>Find the difference between the simple interest and the compound interest payable annually on a sum of Rs.6,500 at 7% per annum for 3 years. (Correct to two decimal places.)<\/p>\n\n\n\n<p>a) 90.90<\/p>\n\n\n\n<p><strong>b) 97.78<\/strong><\/p>\n\n\n\n<p>c) 92.50<\/p>\n\n\n\n<p>d) 88.80<\/p>\n\n\n\n<p>Sol:<\/p>\n\n\n\n<p>6500\u00d77\/100=455<\/p>\n\n\n\n<p>455\u00d77\/100=31.85<\/p>\n\n\n\n<p>31.85\u00d77\/100=2.295<\/p>\n\n\n\n<p>3(31.85)+2.295=97.78<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Find the difference between the simple interest and the compound interest payable annually on a sum of Rs.6,500 at 7% per annum for 3 years. (Correct to two decimal places.) a) 90.90 b) 97.78 c) 92.50 d) 88.80 Sol: 6500\u00d77\/100=455 455\u00d77\/100=31.85 31.85\u00d77\/100=2.295 3(31.85)+2.295=97.78<\/p>\n","protected":false},"author":419,"featured_media":165156,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5138],"tags":[5139],"class_list":["post-165155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/165155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=165155"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/165155\/revisions"}],"predecessor-version":[{"id":165157,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/165155\/revisions\/165157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/165156"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=165155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=165155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=165155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}