If the difference between S.I and C.I for 3 years at 5% is Rs. 183 then find the principal
Автор: Open Eye 4 TNPSC
Загружено: 2026-01-20
Просмотров: 12
Описание:
Are you preparing for the TNPSC Group exams? In this video, we tackle a frequently asked aptitude question involving Simple Interest and Compound Interest.
Problem Statement:"If the difference between S.I and C.I for 3 years at 5% is Rs. 183, then find the principal."We walk you through the essential formula required for 3-year difference problems:
Difference = P * (r / 100)² * (3 + r / 100)
Key points covered in this tutorial:
Understanding the problem statement and identifying the given values (r = 5%, t = 3 years,Diff = Rs. 183). [00:10]
A step-by-step breakdown of the substitution and calculation process. [01:00]
Simplifying fractions and solving for the Principal (P). [01:45]
Finding the final answer: Rs. 24,000 (Option C). [02:30]
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