Question

Puneet took₹2,20,000 from his friend Ramneet at the rate of 12% pa.compound annually for 5/2
years and gave this money to this friend Rajesh at same rate for same time but compound half yearly
Find the earning of Puneet in this transaction.​

Answer 1

Answer:

So, Puneet has to pay Rs. 292,526.08 back to his friend Ramneet.

Answer 2

Step-by-step explanation:

puneet took ₹220000 from his friend ramneet at the rate of 12%p.a. compound annually for5/2 years and gave this money to this friend rajesh at same rate for same time but compound half yearly find the earning of puneet in this transaction