A person barrows RS. 5000 for 2 years at 4% p.a. simple intrest. He immediately lends it to another person at 6(1/4)% p.a. for 2 years. Find the gain in the transaction per year.
Correct Answer : A
Rs.800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If thr rate of interest is increased by 4%. What amount will Rs. 800 become in 3 years?
IN how many years, Rs. 150 will produce the same interest @ 8% as Rs. 800 produce in 3 years@ 4(1/2)%?
A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is