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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____?

✔ Correct Answer: B. Rs 232

The correct answer to the 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____?” is Rs 232. This question belongs to Mathematics. Practice the related questions below to master this topic for your FPSC, PPSC and NTS tests.

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