A takes a loan of Rs. 1500 from a bank at the rate of 10% simple interest for 3 years and lends to B at the rate of 15% for the same time period. Find the overall profit of A in the whole transaction.
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Q:
A takes a loan of Rs. 1500 from a bank at the rate of 10% simple interest for 3 years and lends to B at the rate of 15% for the same time period. Find the overall profit of A in the whole transaction.
- 1Rs. 375false
- 2Rs. 275false
- 3Rs. 225true
- 4Rs. 325false
- 5Rs. 250false
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