A person borrowed Rs 16,000 from a bank at 12.5 % per annum simple interest
and-lent the whole amount to a shopkeeper at the same rate of compound interest
How much will he gain after 3 years?
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A person borrowed Rs 16,000 from a bank at 12.5 % per annum simple interest and-lent the whole amount to a shopkeeper at the same rate of compound interest. How much will he gain after 3 years? ans=781.25
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