Question

b)
Avi and Bani took a loan of the same amount at 7% per annum for 1 year. A
borrowed at simple interest, and Bani borrowed at compound interest. Who pays
more interest after one year?
(i) Avi
(ii) Bani
(iii) Both earn the same interest.
(iv) Cannot be determined since the amount is not given
​

Answer 1

(ii) Bani

because compound interest has more amount of interest in profit of the bank.

Answer 2

Answer:

do you remember me I am the one who said I will make you headless if you came in front of me by the way answer is

bani