Question

pannalal borrowed ₹ 2400 @ 6% per annum simple interest and invested this at 15/2 compound interest. if the transaction was for 2 years ,what was his gain? (please do not give nonsense answer)​

Answer 1

Answer:

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Answer 2

Answer:

Step-by-step explanation:

first lets find how much will he have to spend

$\frac{PTR}{100}$

P=2400

T=2 yrs

R=6%

$\frac{(2400)(2)(6)}{100}$

=288+2400

=2688