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20.Feroz borrowed Rs. 12,500 for 3 years from a bank, at the rate of 8% per annum. Rashmi borrowed the same sum from another bank for 4 years at the rate of 6% per annum. Who paid greater interest? Find the amount paid back by each of them. ANSWER AND GET BRAINLIEST |
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Answer» they both have paid same interest 3000.Step-by-step explanation:SI of feroz= 12500×3×8/100=3000si of RASHMI= 12500×6×4/100=3000Hope it will HELP you |
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