Comprehension Passage
Directions: Study the following table chart carefully and answer the questions given beside.
The table below shows details about invested by Different persons.
|
Person |
Rate of interest |
Time (years) |
Principal (Rs) |
Amount(Rs.) |
|---|---|---|---|---|
|
Arun |
6% |
|
18000 |
|
|
Anant |
6% |
|
30000 |
|
|
Amit |
|
5 |
|
29000 |
|
Anand |
|
3 |
45000 |
|
|
Ankit |
8% |
|
20000 |
|
|
Anita |
|
2 |
60000 |
|
Note: Calculate simple interest unless specified all questions are Independent of others.
If the interest received by Anita is 20% of the sum invested by her then find how much more money as interest she would have earned if she had invested the money in compound interest?
1
Rs. 600
2
Rs. 130
3
Rs. 200
4
Rs. 1500
5
Rs. 700