Math, asked by schoolvihaan2509, 1 month ago

Mike and Jack Deposited Rs. 3000 and Rs. 4000 in a company at the rate of 10% per annum for 3 years and 2 years respectively. What will be the difference in the interest received by them?

Answers

Answered by sarveshjajoo

0

Answer:

100 RS

Step-by-step explanation:

Assuming simple interest

Mike=3000*10*3/100=900

Jack=4000*10*2/100=800

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