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Discussion :: Simple Interest

  1. If A lends Rs. 4500 to B at 8% per annum and B lends the same sum to C at 10% per annum, find the gain of B in a period of 3 years.
    2. A.
    Rs. 220
    B.
    Rs.240
    C.
    Rs. 250
    D.
    Rs.270

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    Answer : Option D)

    Answer with explanation:

    The gain of B will be equal to the difference between the interest which C pays to D and the interest which B pays to A for the amount borrowed.

    Explanation :

    No answer description available for this question.

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