Plz answer this question correctly plz. I need it fast,it is urgent.
Attachments:
Answers
Answered by
1
Step-by-step explanation:
Simple Interest paid by Fabina
P=₹12500, R= 12℅ ,T=3yrs
S.I =PxRxT/100 =₹12500x12x3/100
=₹4500
Compound interest paid by Radha
P=₹12500,R=10℅ ,n= 3 yrs
A=P[1+R/100]n --- A=₹12500[1+10/100]³
A =₹12500x[11/10]³
A=₹12500x11/10x11/10x11/10 =₹16637.50
C.I=A- P = ₹16637.50-₹12500
=₹4137.50
4500>4137.50
Fabina paid more interest and she paid ₹(4500-4137.50)I.e₹362.50more than Radha
Similar questions