Question

find the answers of the following....no spam​

Answer 1

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P = 12000

R = 8 %

T = 3 Years

SI = P *R*T /100

=> SI = 12000 * 8 * 3 /100 = Rs 2880

Interest to be paid = Rs 2880

R = 12 %

SI = 12000 * 12 * 3/100 = Rs 4320

Interest to be received = Rs 4320

profit = interest received - Interest paid

= 4320 - 2880

=1440

84

profit= Rs 1440

Answer 2

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P = 12000

R = 8 %

T = 3 Years

SI = P *R*T /100

=> SI = 12000 * 8 * 3 /100 = Rs 2880

Interest to be paid = Rs 2880

R = 12 %

SI = 12000 * 12 * 3/100 = Rs 4320

Interest to be received = Rs 4320

profit = interest received - Interest paid

= 4320 - 2880

=1440

84

profit= Rs 1440