Question

Mr sharma lends ₹400000 to mr Ganguli at 9.5% interest p.a , who is turn lends ₹ 350000 to mr choubey at 10.5% interest p.a at the end of two years Mr Ganguli receiving or paying interest ? What will be his net receiving and paying ?

Answer 1

$400000 \times 9.5 \div 100 =$
=38000
mr ganguli received above rupees..
paying and paying
38000-36750=
1250 he is paying...

Answer 2

Step-by-step explanation:

400000×9.5÷100=

=38000

mr ganguli received above rupees..

paying and paying

38000-36750=

1250 he is paying

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