3 А Person bownowa RS 5000 for 2year at 47. Poa simple intrest He immediatły reds it to another person at 67 7. Perannum for a years. Find his gain in the transation Per year
gain in 2 years =
I=PNR/100
(5000*6.25/100*2)-(5000*4/100*2)
625-400
225
gain in 1 year
225/2
=112.5
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Answer:
SI=p×r×t
____
100
for borrowing,P=rs 5000,r=4% p.a. and T = 2 years
Thus SI(borrowing)
[5000×4×2]
Rs___________= rs 400
100
For lending, P= Rs 5000 R = 1. 25
6__%=___%
4 4
p.a. and T= 2 years
thus,SI (lending)=
rs [5000×24/4×2]
____________ = rs 625
100
hence, gain =rs(625-400) = rs 225 for 2years
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