A person borrows Rs. 5,000 for 2 years at 4% p.a. simple Interest, he immediately lends it to another person at \(6{\frac{1}{4}}\)% p.a. simple Interest for 2 years. Find his gain in the transaction per year.

A person borrows Rs. 5,000 for 2 years at 4% p.a. simple Interest, he

1.	A person borrows Rs. 5,000 for 2 years at 4% p.a. simple Interest, he immediately lends it to another person at \(6{\frac{1}{4}}\)% p.a. simple Interest for 2 years. Find his gain in the transaction per year.
A.	Rs. 150
B.	Rs. 125
C.	Rs. 112.50
D.	Rs. 167.50
Answer» D. Rs. 167.50

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A person borrows Rs. 5,000 for 2 years at 4% p.a. simple Interest, he immediately lends it to another person at \(6{\frac{1}{4}}\)% p.a. simple Interest for 2 years. Find his gain in the transaction per year.

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