Question

Equal amounts of each rs. 43,892 is lend to two persons for 3 years. One at the rate of 30% s.I. And second at the rate of 30%
c.I. Annually. By how much percent the
c.I. Is greater than the simple interest received in this 3 years duration?​

Answer 1

Answer:

Dear Student,● Answer -33 %● Explaination -Simple interest over Rs. 43892 in 3 years is -SI = P × r × tSI = 43892 × 3 × 30/100SI = Rs 39503Compound