Question

Mr Sharma borrowed borrowed RS.20000 from his friend Mr Vasu at the rate of 18% per annum simple interest for 2 years .He leant his money to Mr Gupta at the same rate but the compounded annually .find his gain after 2 years

Answer 1

Mr Sharma get 648 rs profit from the Mr Gupta

Answer 2

Answer:

648 is the gain after two years