insurence exam LIC HFL Junior Assistant Mock Tests 2024 Quantitative Aptitude Interest Simple and Compound Both
A man borrowed Rs. 1350 on simple interest for 3 years at a rate of 10% and then immediately lent the same money to another man on compound interest for same time period and at same rate of interest. What amount did he lose or gain?
1
Gain of Rs. 41.85
2
Loss of Rs. 41.85
3
Gain of Rs. 71.85
4
Loss of Rs. 71.85
5
Gain of Rs. 81.85