state gov MP Forest Guard and Jail Prahari Mock Test 2023 Quantitative Aptitude Interest Compound Interest
A lender borrows money at 5% per annum and he pays the interest at the end of the year. He lends it at 8% per annum compound interest compounded half yearly and he receives the interest at the end of the year. He gains Rs. 158, a year in this way. How much amount of money he borrows (in Rs.)?
1
7,000
2
5,000
3
10,000
4
9,000