Question

Sitish borrowed a sum of ₹163840 at 12.5.P.A compounded annually.On the same day he lent out thr same amount to sahej at same rate of interest but compounded half -yearly. Find hid gain after 2 years .

Answer 1

sitish lent 163840 at 12.5 per half year.so the rate of interest per annum is 25%.
163840×25%= 40,960 × 2 years =81,920