Mckenzie Macdonald
04/07/2023 · Primary School
A person borrows Rs. 5,000 for 2 years at \( 4 \% \) p.a. simple interest. He immediately lends to anothe person at \( 6 \frac{1}{4} \% \) p.a. for 2 years. Find his gain in the transaction per year:
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The gain in the transaction per year is Rs. 112.50.
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