Rohan deposited 5,000 at 8% per annum for 3 years and Sunil deposited
5,000 at 6% per annum for four years. Who will get more interest? What amount
will each get?
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Answered by
5
SI for Rohan=5000×8×3
100
=50×8×3=1200
SI for Sunil=5000×6×4
100
=24×50=1200
Each get same amount
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