Question

7. Sudhir lent 2000 at compound interest at 10%
payable yearly, while Prashant lent 2000 at
compound interest at 10% payable half-yearly.
Find the difference in the interest received by
Sudhir and Prashant at the end of one year.
​

Answer 1

Answer:

23/24

Step-by-step explanation:

Sudhir lent 2000 at compound interest at 10%

payable yearly, while Prashant lent 2000 at

compound interest at 10% payable half-yearly.

Find the difference in the interest received by

Sudhir and Prashant at the end of one year.