Dinesh gava Rs 15000 to Meena at the rate of 12% and Rs 18000 to Reena at the rate of 10
p.a for 6 years. Who will pay more interest and by how much?
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Dinesh gave Rs 15000 to Meena at the rate of interest 12% for 6 years
Meena pay as interest Rs 15000×6×12/100
=Rs10800
Dinesh gave Rs 18000 to Reena at the rate of interest 10% for 6 years
Reena pay as interest Rs 18000×6×10/100
=Rs 10800
they both pay same interest to Dinesh
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