Question

Fabina borrows Rs. 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 who pays more interest and by how much?​

Answer 1

Answer:

Fabina pay 362 Rupees interest more by Radha

Step-by-step explanation:

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Answer 2

Answer:

Fabian pays more interest by 362.50 rupees

I have attached the step by step explanation and the solution as images .

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