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 3 of 5.
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.
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.
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.
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.
Mary said:
1 decade ago
What is not clear in the qn is whether the interest is lent or the amount is lent after two years?
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.
Swar said:
7 years ago
2 denotes the number of years.
i.e T, and R % = 6 1/4 = 25/4 % ie 25/(4x100).
i.e T, and R % = 6 1/4 = 25/4 % ie 25/(4x100).
Basudev said:
2 decades ago
Where this 25 come from, I don't understand. Please give the proper solution.
Pratiksha said:
3 years ago
The gain in 1 year = Rs. 112.50.
how it is calculated? Can anyone tell me?
how it is calculated? Can anyone tell me?
Shahee said:
8 years ago
If the time is different. Then how to calculate the gain?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers