Mathematics · Interest
Kiran lent ₹5,00,000 to Kishore at a rate of 12% per annum compounded annually for 3 years. Kishore then lent the same amount to Kavya on simple interest at a rate of 15% per annum for 3 years. What is the difference between the interest earned by Kishore and the interest he owes to Kiran after 3 years?
- 1₹26,536
- 2₹25,536
- 3₹24,536
- 4₹22,536✓
Correct answer
₹22,536
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length Mathematics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest