3. The amount of 28,000 at 5% per annum
compound interest in 2 years will be-
(A) 330,000
(B) * 30.800
(C) 40,000
(D) 330,810
Answers
Answered by
18
Answer:
gain = Rs.600
selling price with 20% gain = Rs.3600
loss = Rs.720
selling price with 20% loss = Rs.2880
cost price > selling price
loss = cost price - selling price
= Rs.3000 - Rs.2880
= Rs.120
loss% = 120/3000*100
= 4%
he sold sold his cycle with 4% loss.
Step-by-step explanation:
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