Question

Mr Sharma lends 4,00,000 to Mr Ganguly at
9.5% interest p.a., who in turn lends 3,50,000 to
Mr Choubey at 10.5% interest p.a. At the end of two
years will Mr Ganguly be receiving or paying interest?
What will be his net receipt or pay?​

Answer 1

Answer:Answer=38000mr ganguli received above rupees..paying and paying38000-36750=1250 he is paying... 2.0/5

6

ashu4498

=38000

mr ganguli received above rupees..

paying and paying

38000-36750=

1250 he is paying...