Question

Rohan deposited Rs 6,000 at 8% per annum for 3 1/2 years and Sunil deposited Rs 6,000

at 6% per annum for 4 years. Who will get more interest? What amount will each get?​

Answer 1

Answer:

Answer:MARK AS BRAINLIST IF HELPED!

Step-by-step explanation:

Given,

First man: P= Rs. 6000 ,r=5%, n=2,

Second man : P= Rs. 5000,r=8%,n=2

First man's S.I.=1006000×5×2 = Rs. 600

Second man's C.I.=5000[(1+1008)2−1]

=5000[(2527)2−1]

=5000[625729−625]

=6255000×104

= Rs. 832

∴ Difference in interests = Rs. 832− Rs. 600= Rs. 232