A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 p.a for

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Q 1421580421.     A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 p.a for 2 years. Find his gain in the transaction per year.
A

Rs. 112.50

B

Rs. 125

C

Rs. 150

D

Rs. 167.50

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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