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## #1 2017-12-13 17:03:25

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

### A person borrows Rs. 5000 for two years at 4% p.a. simple interes...

# General Basic Math Exams Quizzes MCQs Quizzes Simple Interest Math Quiz

**Question:**

A person borrows Rs. 5000 for two years at 4% p.a. simple interest. He immediately lends it to another person at 6 1/4 p.a. for 2 years. Find his gain in the transaction per year.

**Option A):**

Rs. 112.50**Option B):**

Rs. 167.50**Option C):**

Rs. 125**Option D):**

Rs. 150

**Correct Answer is Option A):**

Rs. 112.50

**Explanation:****Solution:**

Gain in 2 = Rs. [(500 - (5000)}]

x 25/4 x 2/100) x 4 x

2/100

=Rs. (625 - 400)

=Rs. 225

Gain in 1 year = Rs. (225/2) = Rs. 112.50

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## 2017-12-13 17:03:25

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### Re: A person borrows Rs. 5000 for two years at 4% p.a. simple interes...

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