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## #1 2017-11-08 16:17:48

**shakeel123****Moderator**- Registered: 2017-09-21
- Posts: 50,796

### Ramzan lent Rs. 1000 to Shaban at 5% per annum S.I. for 3 years. ...

# Law Mathematics Exams Quizzes MCQs Quizzes Law Mathematics Test 3

**Question:**

Ramzan lent Rs. 1000 to Shaban at 5% per annum S.I. for 3 years. Shaban deposited the money for the same period in a bank account carrying the same rate of interest but compounded yearly. What is Shaban’s gain?

**Option A):**

13 ½**Option B):**

3 5/8**Option C):**

7 5/8**Option D):**

157 5/8

**Correct Answer is Option C):**

7 5/8

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## 2017-11-08 16:17:48

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### Re: Ramzan lent Rs. 1000 to Shaban at 5% per annum S.I. for 3 years. ...

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