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Mathematics
Simple and Compound Interest
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NTPC Graduate Tier 1 2025 Shift-2 📅 05 Jun, 2025

Find the exact difference between the compound interest and simple interest on a principal amount of ₹5,000 for 2 years at an annual interest rate of 10%.

A
₹100
B
₹25
C
₹50
D
₹75
Result Summary
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APEDIA

NTPC Graduate Tier 1
2025 • 05 Jun, 2025 • Shift-2
Find the exact difference between the compound interest and simple interest on a principal amount of ₹5,000 for 2 years at an annual interest rate of 10%.
Correct Answer
₹50
Standard Formula Application: For a rigid two-year timeline, the difference between CI and SI can be rapidly computed using the definitive formula: Difference =......
Ref/Book : NTPC Graduate Tier 1 2025
Ref. Subject Mathematics
Chapter -
Ref. Topic Simple and Compound Interest
Pg. No -
💡 Analysis & Explanation
Standard Formula Application ▼
For a rigid two-year timeline, the difference between CI and SI can be rapidly computed using the definitive formula: Difference = P * (R/100)².
Data Substitution ▼
Inject the given values into the architecture: P = 5000, and R = 10.
Mathematical Execution ▼
Difference = 5000 * (10/100)² = 5000 * (1/10)² = 5000 * (1/100).
Final Computation ▼
Dividing 5000 by 100 perfectly isolates the variance to 50.
Conclusion ▼
The monetary difference evaluates accurately to ₹50.
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