Disha gave 1500 rupees to dina at the rate of 8 %per annum and dina gave this money to sakshi at the rate of 10%per annum for 2 years. Find the earning of dina i this transaction.
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Answer:
DISHA TO DINA = RS. 1500 RATE OF INTEREST = 8%
Step-by-step explanation:
INTEREST TO BE PAID BY DINA TO DISHA
1500X8/100 = 15X8=120
RS. 120
DINA TO SAKSHI = RS.1500 RATE OF INTEREST = 10%
INTEREST RECEIVED BY DINA FROM SAKSHI
1500X10/100 = 150
DIFFERENCE = 150 - 120 = 30
THEREFORE, FROM THIS TRANSACTION DINA IS GOING TO EARN RS. 30
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