Question

mohan lent out ₹8000 for 5years at 15% per annum and borrowed ₹ 6000 for 3 years at 25% per annum. did he gain or lose?

Answer 1

Solution : A

Lent Amount : Rs. 8000 (Principle)
Time : 5 years
Rate : 15%

Hence,
SI = PRT/100
= 8000×15×5/100
=Rs.6000/- ( Let SI 1)

Solution : B

Borrowed Amount : 6000
Time : 3 Years
Rate : 25%

Hence,
SI = PRT/100
= 6000×25×3/100
= Rs. 4500/- (Let SI 2)

Implies That :

SI 1 > SI 2

So,
Loss - SI 1 - SI 2
6000-4500
= Rs. 1500/- (Ans.)

Answer 2

Answer:

this is correct answer of these question

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