- ABoth are equal at ₹120
- B₹2000 at 6% earns more
- C₹3000 at 4% earns more
- D₹3000 at 4% earns ₹150
Step-by-Step Solution
₹2000 at 6%: = ₹120. ₹3000 at 4%: = ₹120. Both equal ₹120.
Answer: A) Both are equal at ₹120
Which earns more simple interest in 1 year: ₹2000 at 6% or ₹3000 at 4%?
Class 7Simple InterestComparing Quantities
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