Ashok took a loan of 1,00,000 from a
bank for 2 years at an interest of 12%
invested the money in a company which
per annum compounded annually. He
per
gave him a simple interest at 18%
annum for the same time. How much die
he gain by this?
1
Answers
Answered by
1
Answer:
12000
Step-by-step explanation:
100000*12%=12000×2=24000
100000*18%=18000×2=36000
so,36000-24000=12000
Answered by
1
Answer:
Answer is in attachment hope it helps
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