Question

Karan and Shashank borrowed 6000 each at
the rate of 12 per annum for a period of 2 years
and 3 years respectively. Find the difference of
interest paid by them.​

Answer 1

Answer:

720

Step-by-step explanation:

Interest paid by :

Karan =2×  12/100 ×6000=1440

Shashank →3×  

12/100×6000=2160

The Difference of interest paid by them =2160−1440=720

HOPE IT HELPS YOU

MARK AS BRAINLIEST

Answer 2

Answer:

Answer is 720

Step-by-step explanation:

S.I. =

$\frac{p \ \times r \times \: t }{100}$

=

$\frac{6000 \times 12 \times 2}{100}$

1440

difference. 2160 - 1440

= 720