Question

anugna borrows rupees 12500 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......
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Answer 1

Answer:intrest of anugna is 4500 rs and Radha is 4137.5 rs

Step-by-step explanation:interest of anugna = (12500x12x3)/100=rs 4500 intrest

And to find compound interest of Rachael amount is find

Therefore A=Px(1+r/200)raise to n(years)

A=12500x(1+10/100)raise to 3

=12500x110/100x110/100x110/100

=rs 16637.5 amount

Therefore compound intrest =A-P

=16637.5-12500

=4137.5 is compound interest of radha . (If you find simple interest of radha it will rs 3750)

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