Chapter-10
Compound Interest
Exercise -10.1
6.Reena has deposit rs.5,000 at 5% p.a. for 2 years in a bank wheres Ranjana has deposited rs.6,000 at 4%p.a. for 3 years.Whose interest is more?
Answers
Answered by
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Step-by-step explanation:
Manifestation. Something that manifest or constitutes on expression of something else: a perceptible, outward or visible expression.....
Answered by
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Step-by-step explanation:
interest of reena= 5000.
Rate=5%
T=2year
formula of simple interst is = prt/100
5000×5×2/100
500....
2nd is ranjana by the formula of si
6000 × 4× 3/100
720..
so ranjana interst is more...
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