Mathematics
Medium
Question
A man deposited Rs 6000 in a bank at 5% P.a simple interest another man deposits Rs 5000 at 8% P.a Compounded interest. After 2 years the difference of their interest will be_________?
A
Rs 230
B
Rs 232
✓ Official correct answer
C
Rs 600
D
Rs 832
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
Rs 230
No member explanations yet for this option.
B
Rs 232
No member explanations yet for this option.
C
Rs 600
No member explanations yet for this option.
D
Rs 832
No member explanations yet for this option.