Question

seema invested rs.6400 for 3 years at the rate of 10%per annum compound annually.Sonali invested the same amount at the same rate for the same time. But on simple interest who gets more interest and by how much?

Answer 1

1- Seema : C.I
6400(1+10/100)^3
6400×110/100×110/100×110/100 : 8518.8
C.I. : 8518.8-6400
2118.4 Is the C.I
2- Sonali : S.I.
6400×10×3/100 : 1920
** Seema and by 198.4
Hope u like my answer pls mark it as brainliest.
HAVE A NICE DAY