Mathematics · Compound Interest

Purav borrowed Rs. 6000 from Harshit at 10% compound interest per annum for 3 years, added some extra money, and lent the total amount to Kishan at 20% compound interest per annum for 24 months. If Purav received Rs. 1974 more interest than the interest paid to Harshit, find the extra money added by Purav.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 4000
2Rs. 3500
3Rs. 3200
4Rs. 3000✓

Correct answer

Rs. 3000

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