Delhi Police Constable 27 Nov 2020 Shift 3 Paper

Question : 87 of 100

Marks: +1, -0

An amount of Rs. 43,892 is lent to each of two persons for 3 years. One at the rate of 30% simple interest and the other at the rate of 30% compound interest, compounded annually. by what percentage will the simple interest be less than the compound interest received in this 3 - year duration (correct to one decimal place)?