railway RRB JE (CBT I + CBT II) Mock Test 2024 Quantitative Aptitude Interest Simple Interest

A person borrows Rs. 5000 for 2 years at 4% per annum Simple Interest. He immediately lends it to another person at 6.25% per annum for 2 years. Find his gain in the transaction per year.

1

Rs. 150

2

Rs. 167.50

3

Rs. 112.50

4

Rs. 125

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