Answer:
1- The components in a series circuit are arranged in a single path from one end of supply to another end. However, the multiple components in a parallel circuit are arranged in multiple paths where the two end terminals of the battery.
2- In the series circuit, different voltage exists across each component in the circuit. Whereas in the parallel circuit, the same voltage exists across the multiple components in the circuit.
3- The equivalent resistance in case of a series circuit is always more than the highest value of resistance in the series connection. While the equivalent resistance in the parallel circuit is always less than any of the individual resistances in parallel combination.
4- A fault in one of the components of the series circuit causes hindrance in the operation of a complete circuit. As against fault in a single component in a parallel network do not hinder the functioning of another part of the circuit.
The detection of a fault in case of a series circuit is difficult, but it is quite easy in parallel circuits.