Question

rajesh borrow rs 25000 Rajesh borrows rupees 25000 at 12 per annum for 3 years at simple interest and Radha borrows the same amount for the same period at 10% per annum compounded annually who plays Mod interest and by how much

Answer 1

Answer:

I hope it helps you

please mark me as brainy please mark me

Step-by-step explanation:

The simple interest or Rs.25,000 at 8% p.a. for 3 years is

100

25,000×3×8

=250×24=6,000.

So at the end of 3 years Sanjeev has to pay 25,000+6,000=31,000.

According to the problem Sanjeev has paid 19.000 with a video camera.

So the value of video camere =31,000−19,000=12,000.