Mohan borrows a sum of money from Ravi at 12% per annum and lends it ti shagun at 18%per annum for 1.5 years . how much Mohan earn in whole transaction . Please my exam .
Answers
Answered by
0
Answer:
Hope this will help you
Please mark me as brainleast
Step-by-step explanation:
interest = principal*rate*time
profit = interest earned - interest paid
profit = p(.18)(1.5) - p(.12)(2)
= .27p - .24p
= .03p
Similar questions