Question

Ruchi borrowed rupees 18000 from her friend at the rate of 12% per annum at simple interest.she lent it for the another friend Aarti at the same rate but compounded annually. find the profits that Ruchi on after 2 years

Answer 1

p=18000
r=12%
t=2years
for first year:p=18000
r=12%
t=1year
p× r × t ÷ 100
18000 × 12 × 1÷100
=2160
amount/principal for next year:-20160

for second year:p=20160
r=12%
t=1year
p×r×t÷100
20160×12×1÷100
=2419.2
total amt.=22579.2
compound interest/profit of ruchi=22579.2-18000=
4579.2

Answer 2

Answer:

See The Attachment ✌✌

Please Mark Me As Brainlist ❤❤