rajesh borrow rs25000 at 12 perannun for 3year at simple interest and radha borrow the same period at10per announb compound annually
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Answered by
5
Answer:
In case of Fabina:
P=Rs.12500
R=12% per annum and T=3 years, then
SI=100P×R×T=Rs.(10012500×12×3)=Rs.4500
In case of Radha:
Amount=P(1+100R)T
Amount=Rs.[12500×(1+10010)3]
=Rs.(12500×100110×100110×100110)=Rs.16637.50
∴ Compound Interest =Rs.(16637.50−12500)=Rs.4137.50
Hence, Fabina pays Rs.(4500−4137.50),i.e.,Rs.362.50 more as interest.
Step-by-step explanation:
hope its helps
Answered by
0
Answer:
RADHA
Step-by-step explanation:
rajesh:rs25000
annum:12
year:3
SI 25000×12×3
90,000
2500×10×3
750000
RADHA BORROW MORE
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