engineering recuitment FCI JE 2022 Mock Test for CE/ME/EE (Phase I & II) Quantitative Aptitude Interest Simple Interest
A person borrows Rs. 6000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6% per annum for 2 years. Find his gain in the transaction.
1
Rs. 280
2
Rs. 260
3
Rs. 250
4
Rs. 240
5
Rs. 300