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A man took loan of Rs. 65,250 from HSBC Bank. If the rate of interest is 9% p.a., then what will be the difference in the amounts he would be paying after 1 year if the interest is compounded quarterly and compounded annually?

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Related Test: Class 8 Maths Practice Test: Comparing Quantities - Compound Interest


A man took loan of Rs. 65,250 from HSBC Bank. If the rate of interest is 9% p.a., then what will be the difference in the amounts he would be paying after 1 year if the interest is compounded quarterly and compounded annually?






 
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