‘P’ and ‘Q’ loan equal amounts for two years at the same rate of interest per annum. P loans at simple interest, while Q loans at compound interest. P earns interest ______________ as compared to Q.
Asked by plaxmi191 | 20th Jan, 2021, 06:41: PM
Expert Answer:
‘P’ and ‘Q’ loan equal amounts for two years at the same rate of interest per annum. P loans at simple interest,
while Q loans at compound interest. P earns interest less as compared to Q.
Answered by Yasmeen Khan | 22nd Jan, 2021, 09:47: PM
Related Videos
Kindly Sign up for a personalised experience
- Ask Study Doubts
- Sample Papers
- Past Year Papers
- Textbook Solutions
Sign Up
Verify mobile number
Enter the OTP sent to your number
Change