Abhishek borrowed Rs.1,20,000 from a bank at an 8% compound interest rate for 2 years. He invested 3 4 \frac{3}{4} 4 3 of this loan in a scheme offe...
Question
Abhishek borrowed Rs.1,20,000 from a bank at an 8% compound interest rate for 2 years. He invested of this loan in a scheme offering 10% compound interest annually for 2 years. He kept the remaining amount without investing. Calculate Abhishek's net profit or loss after 2 years.