Question

12 Ashok took a loan of 1,00,000 from a
bank for 2 years at an interest of 12%
per annum compounded annually. He
invested the money in a company which
gave him a simple interest at 18% per
annum for the same time. How much did
he gain by this?​

Answer 1

Answer:

12000

Step-by-step explanation:

100000*12%=12000×2=24000

100000*18%=18000×2=36000

so,36000-24000=12000

Answer 2

Answer:

Answer is in attachment hope it helps