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Two friends each lent ₹6000.
The first lent at 5% per annum for 3 years; the second at 6% per annum for 2 years.
Who earned more simple interest and by how much?

Class 7Simple InterestComparing Quantities
  • AFirst, by ₹180
  • BSecond, by ₹180
  • CBoth earned equally
  • DFirst, by ₹90

Step-by-Step Solution

First: = ₹900. Second: = ₹720. First earned more by 900 − 720 = ₹180.
Answer: A) First, by ₹180

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