a) Sita borrowed R$ 5,000 as a loan from Gita at the rate of 5% per annum for
4 years and she lent the same sum to Rita at the rate of 8% per annum for
3 years. How much profit or loss did Sita get in this transaction
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Answer:
650 loss
Step-by-step explanation:
1) 5/100*5000= 250
2) 8/100*5000= 400
Add 1 and 2
250+400
=650
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