Rakesh borroweds 4, 000 from a bank at 8% per annum for 2 years. He lent this amount to Vimal at the rate o 9% per annum for 2 years how much will Rakesh gain in the transaction? 10.
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Answer:
p = 4000
r = 9%
t= 2yrs
SI = P*R*T/100
SI = 72000/
SI = 720
SO VIMAL GIVE;. RS 4720
NOW.
P= 4000
R= 8%
T = 2 YRS
SI = P*R*T /
S.I = 32000/100
S.I = 320
SO RAKESH GIVE TO BANK = 4320
SO PROFIT = 4720-4320
RS 400
SO RAKESH IS CLEVER ( CHALAK)
BE HAPPY
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