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.
Rs. 112.50
Rs. 125
Rs. 225
Rs. 167.50
Answer: Option
Explanation:

Gain in 2 years
= Rs. 5000 x 25 x 2 - 5000 x 4 x 2
4 100 100
= 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 5 of 5.

Rajesh said:   10 years ago
----> 5000*4% = 200.

----> 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.

Thara said:   9 years ago
Nice explanation. Thank you all.

Kiran said:   9 years ago
Why we taking 25?

Nisha said:   9 years ago
Why have we subtracted to get the gain value?

Sachin said:   9 years ago
Nice solution. Thank you all.

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.

Basudev said:   2 decades ago
Where this 25 come from, I don't understand. Please give the proper solution.


Post your comments here:

Your comments will be displayed after verification.