Rishi Borrowed rupees 20000 for 3 years at the rate of 8.5%per annum simple interest while John Borrowed the same amount for the same period at 8% per annum compounded annually who paid less interest and by how much?
lapp:
plz answer
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Answer:
rishi simple interest = 425
John simple interest = 400
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you are a girl or boy i am boy my inst id is desi_jaata_ka_raj
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