Bharti borrows an amount of rupees 1250 at 12% per annum for 3 years a

1.	Bharti borrows an amount of rupees 1250 at 12% per annum for 3 years atsimple interest and Madhuri borrows the same amount for the same time period at 10% per annum compounded annually. who paid more interest and by how much.
Answer» For Bharathi P=12500,R=12%,T=3 SI= 100 PRT = 100 (12500×12×3) Interest =44500 For Madhuri P and T are same but R=10% COMPOUNDED annually CI=P(1+ 100 R ) T −P =12500(1+ 100 10 ) 3 −12500 CI=16637.5−12500 Interest =4137.5 Comparing the interest paid by Bharathi and Madhuri we can see that Bharathi has to pay more and it is equal to the difference(4500−4137.5)=Rs.362.5 MENE QUESTION KA ANSWER DE DIYA HAI PLEASE MUJHE VO GOLDEN TAAJ DE DO PLEASE PLEASE MARK ME AS BRAILIST

Bharti borrows an amount of rupees 1250 at 12% per annum for 3 years atsimple interest and Madhuri borrows the same amount for the same time period at 10% per annum compounded annually. who paid more interest and by how much.

Answer»

For Bharathi

P=12500,R=12%,T=3

SI=

100

PRT

100

(12500×12×3)

Interest =44500

For Madhuri

P and T are same but R=10% COMPOUNDED annually

CI=P(1+

100

)

−P

=12500(1+

100

)

−12500

CI=16637.5−12500

Interest =4137.5

Comparing the interest paid by Bharathi and Madhuri we can see that Bharathi has to pay more and it is equal to the difference(4500−4137.5)=Rs.362.5

PLEASE MARK ME AS BRAILIST