A man borrowed 26000 from his brother at 17℅ per annum simple interest he lent it to his friend at the same rate but compounded annually find his gain or loss after 24 years
Answers
Answered by
10
Answer:
Rs.884
Step-by-step explanation:
Principal = 2600
Time= 24 months = 2yrs.
Rate= 17%
Interest/Gain=(2600×2×17)/1000=884
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Answered by
12
Answer:
2449.56
Step-by-step explanation:
this is the correct answer☝️
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