Rampal borrowed rs.25000 at 12 percent per annum compounded annually he lent out the whole money on the same day to his friend sukhbir but compounded semi annually what profit did rampal make after 18 months
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Simple Interest = P*R*N÷100
18 months = 1 1/2 year, means 1.5 years.
25000*12*1.5÷100 = Rs.4500.
Therefore, he got a profit of Rs.4500
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ueu2h2:
the answer is 21 but thanks for trying
but how may you teach me
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Rampal borrowed rs.25000 at 12 percent per annum compounded annually he lent out the whole money on the same day to his friend sukhbir but compounded semi annually what profit did rampal make after 18 months
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