MCQOPTIONS
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| 1. |
A person borrow Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at \[6\frac{1}{4}%\]p.a. for 2 years. Find his gain in the transaction per year |
| A. | Rs. 112.50 |
| B. | Rs. 135.50 |
| C. | Rs. 175.50 |
| D. | Rs. 200.50 |
| Answer» B. Rs. 135.50 | |