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  1. The difference between C I and S I for 2 years at 10% rate of interest is Rs. 4. Find the sum of money.
    1. Rs. 400
    2. Rs. 200
    3. Rs. 300
    4. Rs. 800
Correct Option: A

Given in question , Difference = C.I. - S.I. = ₹ 4 , Time = 2 years , Rate = 10%
Using the given formula ,

Difference =
PR2
10000

⇒  4 =
P × 10 × 10
10000

⇒  P = Rs. 400



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