Math, asked by Yashikachatterjee, 3 months ago

Ahmed lent 3000 to his friend, Ishaq, for 2 years at 6% per annum simple interest. How much
more would he have gained had he lent it at compound interest payable annually (rate and
time being the same)?

Answers

Answered by alefiyahashfi

3

Answer:

Answer: he had gained Rs 360 more after two years. but if he had lent it on compound interest he gain Rs. 370.8 or 371.

Answered by ruchi200515

1

Answer:

Answer: he had gained Rs 360 more after two years

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