A person borrows Rs. 5000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him this transaction?

A person borrows Rs. 5000 at 5% rate of interest per annum and immedia

1.	A person borrows Rs. 5000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him this transaction?
A.	Rs. 25
B.	Rs. 50
C.	Rs. 100
D.	Rs. 200
Answer» C. Rs. 100

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A person borrows Rs. 5000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him this transaction?

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