fabina borrows rupees 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 fast 100 points question
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Answered by
3
______✨ HEY MATE ✨_____
Here SI = P*R*T/100
= 12500*12*3/100 = ₹4,500
CI = ........
A = P ( 1+R/100)n
A = 12500 ( 1+10/100)3
A = 12500*110/100*110/100*110/100
A = ₹16,637.5
CI = A - P
CI = ₹(16,637.5 - 12500)
CI = ₹4,137.5
✌️ I THINK IT HELPED YOU ✌️
Here SI = P*R*T/100
= 12500*12*3/100 = ₹4,500
CI = ........
A = P ( 1+R/100)n
A = 12500 ( 1+10/100)3
A = 12500*110/100*110/100*110/100
A = ₹16,637.5
CI = A - P
CI = ₹(16,637.5 - 12500)
CI = ₹4,137.5
✌️ I THINK IT HELPED YOU ✌️
Answered by
2
fabina's interest is more=4500.
radha's interest is=16637.5-12500
difference=4500-4137.5
=362.5
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