smriti borrowed rs.4000 from a bank at 8% p.a. for 2 years .she lent this amounts to akash at the rate of 9%per annum for 2 years . how mutch will smriti gain in this transaction. ?
Answers
Answered by
8
Answer:
Profit=80
Step-by-step explanation:
P=4000
T=2years
R1=8%
R2=9%
SI1= PxR1xT/100
=4000x8x2/100
=640
A1=4000+640
=4640
Hence, CP=4640
SI2= PxR2xT/100
=4000x9x2/100
=720
A2=4000+720
=4720
Hence, SP=4720
Profit=SP-CP
Profit=4720-4640
Profit=80
Answered by
1
snorting gains 80 % profit in this transaction
Similar questions
Math,
1 month ago
India Languages,
1 month ago
Chemistry,
4 months ago
Geography,
4 months ago
Economy,
10 months ago