Question

Maya invested Rs. 5000 in scheme 'E' for 2 years and Rs. 6000 in scheme 'F' for 5 years. Both schemes offer a simple interest rate of 10% per annum. Find the difference in the interest received from these schemes.

A Rs.1350
B Rs.2000
C Rs.5320
D Rs.2250
Practice Next

More Simple and compound interest Questions

Hey! Ask a query