Riya take a loan of rs.24,000 from bank at 7% per annum and lent it to Rivita for 2 years at 10% per annum. How much did Riya Gain?
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p = 24000
r = 10%
t = 2 yrs
SI = p*r*t/100
SI = 4800
so a = 28800
now
p= 24000
t = 2 yrs
r = 7%
SI = p*r*t/100
SI = 3360
so A = 26360
profit = 2440
r = 10%
t = 2 yrs
SI = p*r*t/100
SI = 4800
so a = 28800
now
p= 24000
t = 2 yrs
r = 7%
SI = p*r*t/100
SI = 3360
so A = 26360
profit = 2440
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