Question

Raj borrows Rs. 8000 from Vijay for 2 years at 5% per annum simple interest. He immediately lends out his money to Amit at 5% compound interest compounded annually for the same period. How much profit does Raj make in the transaction at the end of 2 years?

Answer 1

Answer:

800 is the correct answer please mark as brianlist

Answer 2

Answer:

Raj Baras 800 from Vijay for 2 years at 5% per annum simple interest he integrated length out his money to Amit 8/500 compound interest compounded annually for the same period of much profit does Raj make in the translated at the end of 2 years 800 0correct answer

Step-by-step explanation:

ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘ ʏᴏᴜ