Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 14)
14.
A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6
% p.a for 2 years. Find his gain in the transaction per year.
% p.a for 2 years. Find his gain in the transaction per year.Answer: Option
Explanation:
| Gain in 2 years |
|
||||||||||||||||
| = Rs. (625 - 400) | |||||||||||||||||
| = Rs. 225. |
 Gain in 1 year = Rs. |
 |
225 |  |
= Rs. 112.50 |
| 2 |
Video Explanation: https://youtu.be/zBjcwqIcmL4
Discussion:
49 comments Page 2 of 5.
BIKASH said:
1 decade ago
CASE 1:
P = 5000, T = 2, R = 4%.
CASE 2:
P=5000, T = 2, R = 6.25%.
GAIN = 6.25% - 4%.
= 2.25%.
NOW, 5000*2.25% = 112.5( FOR 1 YEAR).
P = 5000, T = 2, R = 4%.
CASE 2:
P=5000, T = 2, R = 6.25%.
GAIN = 6.25% - 4%.
= 2.25%.
NOW, 5000*2.25% = 112.5( FOR 1 YEAR).
(1)
Jaya prakash said:
1 decade ago
From where we got 25/4?
GANDHAM SURESH said:
1 decade ago
I really do't know why we have calculated the gain in that way? What is gain? Please send me solution.
Pranav said:
1 decade ago
At the place of 25/4, we can write 6.25 which is equal to 25/4. And also we can say (6+1/4) year = 6.25.
DIVYA S said:
1 decade ago
6(1/4).
1 is reminder.
4 is divisor.
6 is quotient.
Finally get the answer 25/4.
1 is reminder.
4 is divisor.
6 is quotient.
Finally get the answer 25/4.
Vamsi said:
1 decade ago
We can also write 6(1/4) as 4*6+1=25/4.
Rajesh said:
10 years ago
----> 5000*4% = 200.
----> 5000*6.25% = 312.50.
----> 312.50-200 = 112.50.
Answer : 112.50.
----> 5000*6.25% = 312.50.
----> 312.50-200 = 112.50.
Answer : 112.50.
Shiva said:
9 years ago
In the question, 6% is given how you have taken 6.25%.
Sakshi said:
9 years ago
What annual investment discharge will discharge a debt of Rs. 1092 due in 3 years at SI 12%?
Please anyone answer this.
Please anyone answer this.
Thara said:
9 years ago
Nice explanation. Thank you all.
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