Question

Jenifer invested Rs. o15000 in a bank at the rate of 10% per annum compounded annually.On the other hand, Sujatha invested the same sum in some other bank at the same rate for the same duration but on simple interest. Who will earn more interest and find how much it is.
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Answer 1

Step-by-step explanation:

Jenifer invested Rs. o15000 in a bank at the rate of 10% per annum compounded annually.On the other hand, Sujatha invested the same sum in some other bank at the same rate for the same duration but on simple interest. Who will earn more interest and find how much it is.

Ara Bhai plzz apnko Jenifer se kya Karna

Answer 2

Answer:

P= Rs. 15000; R=10% p.a =5% 

per half-year; T=1 year =2 half-years.

∴ Amount =[15000×(1+1005)2]

= Rs. (15000×2021×2021)

=16,537.50

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