A person borrows Rs. 5000 for 2 year at 4% p.a. simple interest. He immediately lends it to another person at 6.25% p.a. for 2 years. Find his gain in the transaction per year.

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
0
asked Sep 07, 2023 at 09:12
1 Answer
0
Rs. 112.50
answered Sep 07, 2023 at 09:12

Your Answer