Question

Rishi borrows 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 and by how much​

Answer 1

Answer:

20000×3 = 60000

8.9×60000=hjfhghdyuggxyfsufufeufeutsufeute oyfutdutdt