Question

16.1, IN
A person borrowed a sum of Rs.1600 at simple
interest of 4.5% p.a. and invested it at an
interest of 5% p.a. compounded annually. At
the end of the third year, he earned a profit of;
a) Rs.56.60
b) Rs.47.50
c) Rs.36.20
d) Rs.31.75​

Answer 1

Answer:

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Step-by-step explanation:

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