Question

Arvind borrowed 40000rs at the rate of 6% for
3yrs and gave same amount to Ashoke at rate
of 8% for the same period. How much did he
gain as Interest?​

Answer 1

Answer:

2400

Step-by-step explanation:

principal =40,000

rate at which Arvind borrowed=6%

time=3 years

simple interest =( 40,000×6×3)/100

simple interest=7200

rate of interest for Ashoke =8%

time of interest for Ashoke= 3 years

si for Ashoke = (40,000×8×3)/100

=9600

gain =9600-7200

gain = 2400

2400 rs

Answer 2

$</p><p>\tt{\huge{\pink{Hello!!! }}}$

$</p><p>\tt{\red{\implies{Given \: - }}}$

• Principal = 400000

• R1 = 6%

• R2 = 8%

Time = 3 years.

Hence net profit = $</p><p>\tt{\red{\implies{\dfrac{40000 \times 2 \times 3 }{100} = 2400 }}} .....(A)$