Ten > Compound Interest
Sita borrowed Rs 170000 from Radha at the rate of 21% per annum. At the end of 1 year 6 months:
- How much simple interest will she has to pay?
- How much annual compound interest will she has to pay?
- Find the ratio of simple interest and annual compound interest.
- Which interest do you suggest Radha to lend the money? Give reason.
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