BUY COURSES
APP 1FIN
Time value of money
Asun was put at simple interest at a certain rate for 2years had it been put at 3%higher rate it would have fetched rs.72 more . The sum is
bhavika vyas
CA Foundation
★ 1K+
18-Nov-20 22:34
11
Answers (1)
P x 2 x (R+3)% - (P x 2 X R%) = 72 P x 2 x 3% = 72 P = 36/3% P = 1200
Sriram Somayajula
Admin
19-Nov-20 09:25
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