The difference between the simple interests on the principal of ₹500 at an interest rate of 5% per annum for 3 years and 4% per annum for 4 years is:

Question

The difference between the simple interests on the principal of ₹500 at an interest rate of 5% per annum for 3 years and 4% per annum for 4 years is:

Options

A.

₹15

B.

₹5

C.

₹7.5

D.

₹10

simple interestinterest rateprincipaltimessc 2024

Solve This Question

Get instant feedback with detailed step-by-step solution

Start Solving →