C.I.=Rs.[800[1+(10/100)2]-800]=Rs.168S.I=Rs.[800*10*2/100]=Rs.160Gain=C.I-S.I=Rs(168-160)=Rs.8
Aptitude
Topic: Simple and Compound interest
A man borrowed Rs.800 at 10 % per annum S.I and immediately lentthe whole sum at 10% per annum C.I What does he gain at the end of 2yrs?
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