Question

ashok took a loan of Rs. 1, 00,000 from a bank for 2 years at an intrest of 12% per annum compounded anually . he invested the money in a company which gave him a simple interest at 18% per annum for the same time. How much did he gain by this ?

Answer 1

Answer:

2400'''''''''''''''''''

Answer 2

Answer:

1,00,000/- Rs Indian price not dollars