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.

Answer: Option
Explanation:
Gain in 2 years |
|
||||||||||||||||
= Rs. (625 - 400) | |||||||||||||||||
= Rs. 225. |
![]() |
![]() |
225 | ![]() |
= Rs. 112.50 |
2 |
Video Explanation: https://youtu.be/zBjcwqIcmL4
Discussion:
49 comments Page 3 of 5.
Vallabha chebiyyam said:
8 years ago
Because 225 is the gain for 2 years(read the Q)
we need to calculate for only 1 year so, 225/2=112.5.
we need to calculate for only 1 year so, 225/2=112.5.
Aswin Lal said:
8 years ago
Why was 225 divided by 2 in the last step?
Anirban Amit said:
8 years ago
@Himanshu Baghel
Ans:
For,1st person P=x.
2nd person=15000-x.
So, SI=3870.
(x*10*3)/100+[(15000-x)*7*3]/100=3870.
After calculation answer will be 8000.
Ans:
For,1st person P=x.
2nd person=15000-x.
So, SI=3870.
(x*10*3)/100+[(15000-x)*7*3]/100=3870.
After calculation answer will be 8000.
Sureshkrishna said:
8 years ago
In the given data, everything will be same but rate aloe diff
So (25/4)-4 = 2.25.
Final answer: 5000 * 2.25 = 112.50.
So (25/4)-4 = 2.25.
Final answer: 5000 * 2.25 = 112.50.
Arun M.K said:
8 years ago
@Himanshu.
x + y = 15000,
0.3x+ 0.21y = 3870,
y = 15000 - x.
Solving we get x = 8000 and y = 7000.
So the sum given to A is 8000.
x + y = 15000,
0.3x+ 0.21y = 3870,
y = 15000 - x.
Solving we get x = 8000 and y = 7000.
So the sum given to A is 8000.
Himanshu Baghel said:
9 years ago
Hi, I have a quesion, please give me the answer.
A man land some part of money 15000rs to A at 10% per annum in S.I. if and something part of B at 7% per annum S.I. such that it receive 3870rs total S.I. after 3 years. Find the sum land to A.
A man land some part of money 15000rs to A at 10% per annum in S.I. if and something part of B at 7% per annum S.I. such that it receive 3870rs total S.I. after 3 years. Find the sum land to A.
Sachin said:
9 years ago
Nice solution. Thank you all.
Nisha said:
9 years ago
Why have we subtracted to get the gain value?
Kiran said:
9 years ago
Why we taking 25?
Thara said:
9 years ago
Nice explanation. Thank you all.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers