Question

A bank pays interest to its depositor at 6% per annum and lends out the same money at 10% per annum. What is the bank's gain in one year on a sum of rs.6000 deposited in the bank. ​

Answer 1

Answer:

232rupees

Step-by-step explanation:

C.I. for 1 person =  

100

6000×2×5

​

 

=Rs.600

C.I. for II person =5000[(1+  

100

8

​

)  

2

−1]

=5000×[  

25

27

​

×  

25

27

​

−1]

=5000×[  

625

729−625

​

]

=  

625

5000×104

​

 

∴Reqddifference=832−600

=Rs.232

Answer 2

Answer:

232 rupees is the correct answer of this question