Question

3. Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and
Radha borrows the same amount for the same time period at 10% per annum,
compounded annually. Who pays more interest and by how much?
=
4. I borrowed Rs 12,000 from Jamshed at 6% per annum simple interest for 2 years.
Had I borrowed this sum at 6% per annum compound interest, what extra amount
would I have to pay?​

Answer 1

Answer:

12500×12 ÷3 = ?

IS ANSWER

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