Business Studies, asked by pareshkukreja9086, 1 year ago

Mahesh borrowed a certain sum for two years at simple interest from bhim

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Answered by ITzRao
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Mahesh borrowed a certain sum for two years at simple interest from bhim. Mahesh lent this sum to vishnu at the same rate for two years compound interst.At the end of two years,MAhesh recieved rupees 410 as compound interest but paid rupees 400 as simple interest.

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