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1763

Q:

B borrows 5,000 from A at 6 % p.a. simple interest and lends it to C at compound interest of 10 % p.a. If B collects the money back from C after 2 years and repays A, the profit made by B in the transaction is 

  • 1
    Rs. 1,050
  • 2
    Rs. 500
  • 3
    Rs. 450
  • 4
    Rs. 600
  • Show Answer
  • Workspace

Answer : 3. "Rs. 450 "

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