Question

The difference of interest for 2 years and 3 years on a sum of Rs 2100 at 8% per annum is _________.

Answer 1

Simple interest gor 2 years on the sum of Rs 2100 at 8% per annum is Rs 336 and the simple interest for 3 years on a sum of Rs 2100 at 8% per annnum is 504........
so the difference of interest for 2 years and 3 years on a sum of Rs 2100 at 8% pee annum is
Rs 168

Answer 2

Answer:

Rs 160

Step-by-step explanation:

2yrs on the sum of rs 2100 at 8%per annum =336

3yrs on the sum of rs 2100 at 8%per annum =504

So the difference of interest for 2yrs and 3yrs on the sum of rs 2100 at 8%per annum =160