Question

sharmila borrowed 15000 at 12% per annum compond ed annualy for a period of 3 years rithuja borrowed the same ammount 15% per annum for 3 years at simple intrest who pays more intrest and by how much​

Answer 1

Answer:

P

2

=15,000r=12%t=2years

I

1

=

100

P

2

×R

1

×T

=

100

15000×12×2

=3600

P=P

2

r

2

=15%t=2years

I

2

=

100

P

1

×R

2

×t

=

100

P

2

×15×2

Totalenterest I = 9000

I = I

1

+I

2

9000=3600+

100

P

2

×15×2

9000−3600=

100

P

2

×30

30

5400

×100=P

2

P

2

=18000Ans.

15000+18000=33000

Answer 2

Answer:

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Step-by-step explanation:

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