Get Started
934

Q:

A person borrows 5,000 for 2 years at 4 % per annum simple interest. He immediately lends it to another person at $$6{1\over 4}\%  $$ per annum simple interest for 2 years. His gain in this transaction is 

  • 1
    ₹ 225
  • 2
    ₹ 150
  • 3
    ₹ 112.50
  • 4
    ₹ 450
  • Show Answer
  • Workspace

Answer : 1. "₹ 225 "
Explanation :

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today