Question

Anita invested Rs. 5400 in scheme 'P,' which offers a 15% per annum simple interest rate, and she invested Rs. 3800 in scheme 'Q,' offering a 25% per annum simple interest rate. After 2 years, calculate the difference between the interest earned by Anita from these two schemes.

A Rs.28
B Rs.20
C Rs.30
D Rs.24
E none of these
Practice Next

More Simple and compound interest Questions

Hey! Ask a query