16. Naaz borrows Rs 12,500 at 12% per annum for 3
years at simple interest and Zara borrows the same
amount for the same time period at 10% per annum,
compounded annually. Who pays more interest and
by how much?
(a) Rs 352.50 more (b) Rs 364.50 more
(c) Rs 362.50 more (d) ks 262.50 more
Answers
Answered by
2
Answer:
c. Rs. 362.50
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Answered by
1
Answer:
Sorry I don't know I'm really sorry
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