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Romesh borrowed a sum of Rs. 245760 at 12.5% per annum compounded annually. On the same day, he lent out his money to Ramu at the same rate of interest but compounded semi-annually. Find his gain after 2 years. |
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Answer» Romesh borrowed a sum of Rs. 245760 at 12.5% per annum compounded annually. On the same day, he lent out his money to Ramu at the same rate of interest but compounded semi-annually. Find his gain after 2 years. |
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