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rishi arora

· started a discussion

· 1 Months ago

any shortcut (Question: 188643.0 )

any shortcut to avoid calculation

Question:
A man borrows some money at 3% simple interest per annum and lends it to somebody at 5% interest to be compounded annually. By this he makes a profit of Rs. 541 at the end of 3 years. The money he borrowed was –
Options:
A) Rs. 8,000
B) Rs. 6,762
C) Rs. 6,000
D) Rs. 8,070
Solution:
Ans: (a) 


Knowledge Expert

· commented

· 1 Months ago

Dear Student,

Its simple calculation, No such trick is applicable here.

Hope you have a great learning with us!!

All the Best,
Team Toprankers

Shekhar Lal Das

· commented

· 1 Months ago

https://youtu.be/1LYn2clBu38
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