Subject :IMO Class : Class 7
A person borrows Rs 5000 for 2 years at 4% p.a. simple
interest. He immediately lends it to another person at 61⁄4 % p.a. for 2 years. Find his gain in the transaction
per year.
A Rs 125
B Rs 167.50
C Rs 150
D None of these
Ans 1: (Master Answer)
Class : Class 1
The correct answer is D.