A person borrows Rs. 5000 for 2 years at p.a. simple interest. He immediately lends it to another person at 6p.a for 2 years. Find his gain in the transaction per year.
A. Rs.
B. Rs. 125
C. Rs. 150
D. Rs.
Answer:A
A person borrows Rs. 5000 for 2 years at p.a. simple interest. He immediately lends it to another person at 6p.a for 2 years. Find his gain in the transaction per year.
A. Rs. B. Rs. 125 C. Rs. 150 D. Rs.