tarun borrows rupees 5000 for 2 years at 5 per annum simple intrest for shyam. he immediately lends out the money for 2 years at 5 %per annum compound interest suneel calcualte taruns gain
Answers
Answered by
1
Answer
5000÷2
2500
2500÷5
500
Answered by
1
Answer:
₹ 12.5
Step-by-step explanation:
SI=PRT/100
P=5000
R=5%
T=2 YEARS
SI=5000*2*5/100
SI=500
CI FOR FIRST YEAR = 5000*1*5/100
= 250
P FOR SECOND YEAR = 5000+250
= 5250
CI FOR SECOND YEAR = 5250
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