A man borrowed Rs 5000 from a money lender at 5% S.I. for 2 years. He immediately lent it to his friend at the same rate but compounded annually. Find his gain after 2 years.
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gain in 2 years =Rs.[(5000*254*2100)−(5000*4*2100)]gain in 2 years =Rs.5000*254*2100-5000*4*2100
= Rs. (625 - 400)
= Rs. 225
gain in 1 year =Rs.(2252)=112.50
aggarwalanish:
pls tell are u sure..
hmm
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