Home
Class 8
MATHS
Fabina borrows Rs 12,500 at 12% per annu...

Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much?

Answer

Step by step text solution for Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much? by MATHS experts to help you in doubts & scoring excellent marks in Class 8 exams.

Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • ALGEBRAIC EXPRESSIONS AND IDENTITIES

    PSEB|Exercise EXERCISE |117 Videos
  • CUBES AND CUBE ROOTS

    PSEB|Exercise EXERCISE |34 Videos

Similar Questions

Explore conceptually related problems

Fabina borrows Rs 12500 at 12 % per annum for 3 years at simple interest and Radha borrows the same amount for the same more interest and by how much ?

Find CI on Rs 12600 for 2 years at 10% per annum compunded annually.

At the end of 2 years on Rs 2400 at 5 % per annum compounded annually .

At the end of 2 yeas on Rs.2,400 at 5% per annum compounded annually.

Find CI on a sum of Rs 8000 for 2 years at 5 % per annum compounded annually.

Principal = Rs.200,Rate = 5 %% per annum ,Time = 2 years,the simple interest is :

At the end of 1 year on Rs.1,800 at 8% per annum compounded quarterly.

At the end of 1 year on rs 1800 at 8 % per annum compounded quarterly .

Calculate the amount and compound interest on Rs. 25,000 for 1 1/2 years at 12% per annum compounded annually.

Rs 10000 for 1 year at 8 % per annum compounded half yearly .