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Fabina borrows Rs. 12500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same period at 10% per annum, compounded annually. Who paid more interest and by how much?

Fabina borrows Rs. 12500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same period at 10% per annum, compounded annually. Who paid more interest and by how much?

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60796 Points
2 months ago
Our expert is working on this Class X Maths answer. We will update the answer very soon.

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