Question

a person borrows 5000 for 2 years at 4% per annum simple interest he leads to it to another person at 6 whole 1 by 4% per annum for 2 years find his gain in the transaction per year​

Answer 1

$5000 \times 2 \times 4 = 4000 \\ \\ 6 \times 1 \times 4 = 24 \\ 4000 - 24 = 3976$