Question

sudhir land 2000 rupees at compound interest at 10% payable yearly, while Prashant lent 2000 Rs at compound interest at 10% payable half-yearly find the difference in interest received by sudheer and prashanth at the end of 1 year

Answer 1

Answer:

2000×110/100=2200

2000×105/100×105/100=2205

diff=5