Question

Difference between CI and SI
20. Arun borrows $24,000 from Bryan at SI for 2
years at 5% p.a. and immediately lends out
this money to Chand for 2 years at 5% p.a.
compounded annually. What is Arun's gain
in this transaction?

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Answer 1

Answer:

60 rupees

Step-by-step explanation:

Case of CI

Case of Si

Answer 2

Step-by-step explanation:

hope this helps the answer is 60 ruppes