Ajitha borrowed Rs. 90,000 at 10% per annum simple interest. On the same day, she lent the sum to her friend at the same rate but compounded annually. How much does she gain at the end of 3 years?

Ajitha borrowed Rs. 90,000 at 10% per annum simple interest. On the sa

1.	Ajitha borrowed Rs. 90,000 at 10% per annum simple interest. On the same day, she lent the sum to her friend at the same rate but compounded annually. How much does she gain at the end of 3 years?
A.	Rs. 2,907
B.	Rs. 2,970
C.	Rs. 2,800
D.	Rs. 2,790
Answer» E.

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Ajitha borrowed Rs. 90,000 at 10% per annum simple interest. On the same day, she lent the sum to her friend at the same rate but compounded annually. How much does she gain at the end of 3 years?

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