Rohit borrows* 86,000 from Arun for two years at
5% per annum simple interest. He immediately lends
out this money to Akshay at 5% compound interest
compounded annually for the same period. Calculate
Rohit's profit in the transaction at the end of two years.
Answers
Answered by
2
frist by using simple interest formula and find
by using compound interest formula
you get answer
Answered by
0
gggggggggggggggggggggStep-by-step explanation:
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