Raman borrows a sum of Rs. 30,000 at 25 percent p.a. simple interest, and then lends it to Raghav at 40 percent p.a. compound interest, compounded half-yearly. What will be the gain/loss of Raman after one year?
1
Rs. 6,300
2
Rs. 7,200
3
Rs. 4,500
4
Rs. 5,700