KARMA247
KARMA247 KARMA247
  • 24-08-2022
  • Mathematics
contestada

Randheer borrows Rs.3000 from a money lender and the same amount from a bank for 2 years. The rate of interest in both cases is 10% per annum. But he pays simple interest to the money lender and compound interest to the bank. In which case does he pay more?

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