Sumit lent some money to Mohit at 5% per annum simple interest. Mohit lent the entire amount to Birju on the same day at 8(1/2)% per annum. In this transaction after a year Mohit earned a profit of Rs

Sumit lent some money to Mohit at 5% per annum simple interest. Moh

1.	Sumit lent some money to Mohit at 5% per annum simple interest. Mohit lent the entire amount to Birju on the same day at 8(1/2)% per annum. In this transaction after a year Mohit earned a profit of Rs
A.	Rs. 9,000
B.	Rs. 10,000
C.	Rs. 10,200
D.	None of these
Answer» C. Rs. 10,200

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Sumit lent some money to Mohit at 5% per annum simple interest. Mohit lent the entire amount to Birju on the same day at 8(1/2)% per annum. In this transaction after a year Mohit earned a profit of Rs

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