Math, asked by shrinithikv, 4 months ago

Jessica wants to borrow an amount of rupees 50000 for 3 years bank a charges compound interest at 5percent per annum while bank B charges simple interest at 5percent annualy which offer is more profitable for Jessica

Answers

Answered by raysatyamkumar260

1

Step-by-step explanation:

50000 * 3 * 5/100 = 7500 per annum

5*7500/100 =375 annualy

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