Question

14. B borrowed 5,000 from A at a rate of
6% per annum simple interest and he
lent it to C at a rate of 10% compound
interest annually, accordingly, if B got
that amount back from C after 2 years
and Returned to A, then how much
profit did B get in this transaction?​

Answer 1

Answer:

B borrows 5000 from A at 6 % p.a. simple interest and lends it to C at compound ... A person borrows 5000 for 2 years at 4% per annum simple interest.