Question

Manjiri lent Rs 6800 at the rate of 5% for 6years and Radha lent Rs8200 at the rate of 6% p.a. for 4years. Who earned more interest and by how much?

Answer 1

$\sf\underline{Step-by-step \: explanation}$

Simple interest for Manjiri

SI= $\dfrac{P×R×T}{100}$

SI= $\dfrac{6800×5×6}{100}$

$\sf\underline{After \: Cancellation...}$

SI= Rs. 2040

Simple interest for Radha

SI= $\dfrac{8200×6×4}{100}$

$\sf\underline{After \: Cancellation...}$

SI= Rs. 1968

Hence, the share of Manjiri is more by 72 rupees more

Radha<Manjiri

1968<2040

2040-1968= 72

Hence, the person who earned more is,

${\boxed{\boxed{\sf{\pink{Manjiri}}}}}$

By,

${\boxed{\boxed{\sf{\red{Rs. \: 72}}}}}$
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
$\small\sf\green{Thanks!!}$

${\sf{\underline{\underline{Please \: mark \: my \: answer \: as \: the \: brainliest}}}}$
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

Answer 2

Answer:

7. Priya gave a sum of 2000 to Poonam at the rate of 10% per annum on simple interest for 2 years and Poonam gave the amount to Sonal at rate of 10% per annum on compound interest. Who will got more interest Priya or Poonam and by how much.