Question
A woman borrows Rs. 80,000 from a bank at 8% per annum.
She invests Rs. 30,000 of it in a business at 12% per annum and the rest at 10% per annum. Calculate her net profit or loss after one year.Solution
ATQ, For the borrowed amount For the amount invested in business
For the remaining amount:-
Total return: 33600 + 55000 = 88600 Net profit: Profit = 88600 − 86400 = 2200 Therefore, The woman makes a profit of Rs.2200
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