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1. |
B borrows 5,000 from A at 6 % p.a. simple interest and lends it to C at compound interest of 10 % p.a. If B collects the money back from C after 2 years and repays A, the profit made by B in the transaction is |
A. | Rs. 1,050 |
B. | Rs. 500 |
C. | Rs. 450 |
D. | Rs. 600 |
Answer» D. Rs. 600 | |