Tina and Sahil both invested Rs 2,00,000. Tina bought a plot of land, the value of which is appreciating at 12% p.a. Sahil bought a car whose value is depreciating at 5% p.a. Find the difference in their earnings after 2 years on their respective investment.
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si= p×r×t/100
200000×12×2÷100=48000
si=p×r×t÷100
200000×5×2÷100=20000
difference=48000-20000=28000
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1,09,510.60 is the right answer
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