₹9200 was lent to two people for a period of 1 1/2(fraction) years at the rate of 2%,3% per annum simple interest respectively. what was the difference in the interest paid by them
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2
Answer:
case 1
principal = 9200
rate of interest = 2%
time=1 1/2
= 3/2
simple interest = p×r×t/100
= 9200×2×3/2×100
=92×1×3
= 276
Case 2
principal = 9200
rate of interest = 3%
time = 1 1/2
= 3/2
simple interest = p×r×t/100
= 9200×3×3/2×100
= 46×3×3
= 138×3
= 414
difference in their interests = 414-276
=138
I HOPE IT WILL HELP YOU.
Answered by
1
Step-by-step explanation:
414-276=138
is your answer
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