Nikhil deposited Rs. 6000 in a bank at  the rate of compound interest of 5%
Channel: Doubtnut
Date: 09/05/2020

Nikhil deposited Rs. 6000 in a bank at  the rate of compound interest of 5% per annum. If Arun, the elder brogher of Nikhil, also deposit Rs. 5000 in the post office at the rate of compoound interest 8% per annum, then what will be the difference of the two interests obtained by them after 2 years?