Ten > Compound Interest

Asked by Basanta · 2 years ago

Dhurmus lent Rs 12000 from Suntali at the rate of 20$\rm \%$ per annum. At the end of 2 years 

1.  How much simple interest will he has to pay? 
2.  How much annual compound interest will he has to pay ? 
3. Find the difference between the annual compound interest and simple interest. 
4. By what percent annual compound interest is more than simple interest?