Question

In which case,the interest earned is more
(a)₹5000 deposited for 5 years at 4% per annum,or
(b)₹4000 deposited for 6 years at 5% per annum?
Plz give answer fast

Answer 1

Case-1)

P=₹5000
T=5yr
R=4%

SI= PRT/100

=5000X5X4/100 = ₹1000

CASE-2

P=₹4000
T=6
R=5%

SI=PRT/100

=4000X6X5/100=1200

IF we calculate overall interest then we get more interest in case two

But
If we see this

5 year si=1000
Then Si of one yr =₹200

And In second case 6 year Si =1200

So 1 yr Si =1200/6=200

If we compare the intrest yearly then intrest is same

Hope it helps, in case of any doubt comment below.