Question

Umesh borrowed rupees 50000 from his friend Rohan at 10% per annum.He further f lent it in it to his friend Sumit at same rate but compounded annually find his gain after 2 years​

Answer 1

Answer:

Correct option is A)

Given, Principal amount lent by Rohit  = Rs 60000

R = 10 %

T = 2 years

Interest = 100P×R×T

 = 10060000×10×2

= Rs 12000

Principal amount borrowed by Rohit  = Rs 60000

R = 9 %

Step-by-step explanation:

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