Amit lends Rs.7200 at 5% per annum for a period of 3 years to Sumit. Find the
amount paid by Sumit to Amit at the end of 3 years.
Answers
Answered by
3
Answer:
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Step-by-step explanation:
Rs.360
Interest paid by Priya =
100
7200×5×5
=1800
Interest paid by Megha =
100
7200×4×5
=1440
Difference =1800−1440=360
Hence, D is the right option.
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