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Posted By: nemo Member Level: Diamond Posted Date: 27 May 2007 Category: Aptitude Test

A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6.25% p.a. for 2 years. Find his gain in the transaction per year.

Select Answer:

Rs. 112.50
Rs. 125
Rs. 150
Rs. 167.50

Your Test Score: 0 / 0

Next Question: A person borrowed Rs. 500 @ 3% per annum S.I. and Rs. 600 @ 4.5% per annum on the agreement that the whole sum will be returned only when the total interest becomes Rs. 126. The number of years, after which the borrowed sum is to be returned, is :

Previous Question: If the annual rate of simple interest increases from 10% to 12.5%, a man's yearly income increases by Rs. 1250. His principal (in Rs.) is :

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A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6.25% p.a. for 2 years. Find his gain in the transaction per year.

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