Sujit first gave rupees 500 to Ajith at 3% per annum and then again rupees 500 at 2% per annum he also gave ₹1000 to Manoj at 5% per annum will Sujit get the same interest from Ajith and Manoj
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Assuming that the time for which interest was given is same.
so let the time given be T
case 1:AJITH
PART 1. PART 2.
P=Rs. 500 P=Rs. 500
p.a=3% p.a=2%
I=(P×T×R)/100 I=(P×T×R)/100
I=(500×T×3)/100 I=(500×T×2)/100
I=1500T/100 I=1000T/100
I=15T I=10T
Total interest in first cases=15T+10T=25T
case 2: MANOJ
P=Rs. 1000
p.a=5%
I=(P×T×R)/100
I=(1000×T×5)/100
I=5000T/100
I=50T
Both of them has different interest.
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