please help me to solve this question with out using formula
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Step-by-step explanation:
Money borrowed by Govind =18000
rate =10%
time =1 yr
simple interest =p×t×r/100
=18000×10×1/100
=1800
money invested =18000
rate = 10%
time =1 yr
amount=P(1+r/2×100)^n×2
=18000(1+10/200)^1×2
=18000(1+1/20)^2
=18000(21/20)^2
=18000×441/400
=7938000/400
=19845
compound interest= 19845-18000
=1845
Money gained by govind in one year= 1845-1800
=Rs45
saijuchacko:
this question cant be solved WITHOUT FORMULA
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