Ravi borrowed rupees 25000 for Rajesh at 15% per annum simple interest . on the same day he lent it to Rakesh at the same rate but compounded annually and paid the amount to Ravi after 2 years what does he gain in this transaction
Answers
Answered by
43
Ravi
Principal= 25000
Rate = 15% p.a
Time 2 yrs
Simple interest = 25000× 15 × 2 ÷ 100 = Rs 7, 500
Rajesh
P = 2500
rate = 15 % pa
Time 2 yrs
CI = 33062.50
Gain = 33062.5 subtracted by 750 = 25562.50
Principal= 25000
Rate = 15% p.a
Time 2 yrs
Simple interest = 25000× 15 × 2 ÷ 100 = Rs 7, 500
Rajesh
P = 2500
rate = 15 % pa
Time 2 yrs
CI = 33062.50
Gain = 33062.5 subtracted by 750 = 25562.50
jmoksha04:
it's wrong answer
What is the right answer
I will try it again
562.50 is the write ans
Answered by
23
I hope this help you
please make me brainliest
Attachments:
Similar questions