Math, asked by nishant2795, 1 year ago

A person borrowed rs.800 at 10% pa simple interest and immediately lent the whole sum at 10%pa compound intetest what does he gain at the end of 2years

Answers

Answered by mohitparmar
1
SI for two year = 20%
CI for two year = 21%

SO HE GAINS 1% OF 800
so he gain rs 8
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