Question

which intrest is more between in intrest on Rs.4000 for 4 years at common rate 20% and by how much?

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Answer 1

Answer:

Step-by-step explanation:

Principal=₹4000

Time=4 years

Rate of interest=20%p.a

Simple interest=4000×4×20/100=3,200

Amount=4000+3200=7200

Between 4000=3999

Principal=₹3999

Rate of interest=20%

Time =4 years

Simple interest=3999×20×4/100= 3199.2

Amount 3999+3199.2=7,198.2

So bigger 7200>7198.2

Subtract 7200-7198.2=1.8

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Answer 2

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