Rs 30,000 each were lent to Aman and Suresh at 6% per annum for a period of 3 years and 5 years respectively. Find the difference of interests paid by them.
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Step-by-step explanation:
Aman
p=30000
r=6%
t=3
I=p*r*t
=30000*6*3
=540,000rs
Suresh
p=30000
r=6%
t=5
I=p*r*t
=30000*6*5
=900000
difference of interest suresh and aman
suresh - aman
900000-540000=360000
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