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7th Class Mental Ability Related to Competitive Exam Question Bank Simple Interest

  • question_answer
    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     

    Correct Answer: A

    Solution :

    Not Available


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