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# Write the proper numbers in the blanks in the table below.

Given: Principal (P) = Rs. 16000, Rate of Interest (R) = and Number of years (n) = 3year

As simple interest (SI):

SI = Rs. 6000

As Amount (A):

A = Rs. 22781.25

As compound interest (CI),

CI = A - P

CI = 22781.25 - 16000

CI = Rs.6781.25

Difference between CI and SI is :

D = CI – SI

D = 6781.25 – 6000

D = Rs. 781.25

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