Amount deposited by Arun = 5000.
Rate of interest = 6%
Amount Arun gets after an year
= 5000 × (1 + \(\frac{8}{100}\))2
= 5000 × \(\frac{103}{100}\) × \(\frac{103}{100}\)
= 5304.50
Amount deposited by Mohan
= Rs 5000
Rate of interest = 6%
Amount Mohan gets after 1 year
= Rs 5306.82
Amount Mohan gets more than
Arun = 5306.82 – 5304.50
= Rs 2.32