mr das invested rs 20000 at a simple interest rate of 10percent per annum for 3 years while mr sinha invested same sum at compound interest rate of 15 percent for 2 years.who will earn more interest and by how much
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Answered by
10
Answer:
Mr sinha
Step-by-step explanation:
Mr das
20000 @10%
1st yr 2nd yr 3rd yr
10%of20000
2000 2000 2000
Si is same for all years
So total =6000
Mr sinha
At15% on CI
1st yr 2nd yr
15%of20000 3000+15%of3000
3000 3000+450=3450
Total=6450
gayatritolani590:
it's not correct but you have tried THANKS
then what's the correct answer?
n m sorry for my wrong answer
if it is in how much more percent earn then ans ll be 7.5%
Answered by
0
Answer:
Step-by-step explanation:
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