Hamid took a loan of Rs 12000 from a bank at 7% Per annum and lent it to Fatima for 5/2 years at 10% per annum .How much did he gain.
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he made a profit of 36000
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Step-by-step explanation:
principal = 12000
rate= 10% - 7%
= 3%
time = 2 1/2 years
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