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A person borrows Rs 5000 for 2 years ...

A person borrows Rs 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at `6 1/4%` p.a. for 2 years. Find his gain in the transaction per year. (a) Rs 112.50 (b) Rs 125 (c) Rs 150 (d) Rs 167.50

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RS AGGARWAL-SIMPLE INTEREST-All Questions
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