1.

Maria borrowed Rs.12500 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 by how much ?

Answer»

Maria borrowed Rs.12500 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 by how much ?



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