Question

a person borrows rs 2500 the money lendet has given two options first is at 4% c.i the second option is at 6per for first yearand at 2per for the second year which option is profitable and by how much ​

Answer 1

Answer:

the second option is better and profitable by rs4

Step-by-step explanation:

find compound interest from the first option and simple interest for first and second year in second option add interests of first and second year in second  option subtract compound interest and simple interest by that you can get the answer