Vishwanath
Friday, February 15, 2013
24.A man borrowed Rs.8000 at the rate of 12% SI, and lent the same sum to another person at the rate of 15% what will be the gain after 7 year?
A. Rs. 1680
B. Rs. 1600
C. Rs. 1480
D. Rs. 1500
Answer:
Option : A
Given :
A man borrowed at 12%. He lent the same sum to another person at 15%.
Therefore his gain is 15 - 12 =3% for 1 year
First we are calculating for Rs. 100
For 100 = 3 X 7 = 21
For 1000 = 210
For 8000 = 1680
Therefore his gain = Rs. 1680/-
Title : Simple Interest Q24
Description : 24.A man borrowed Rs.8000 at the rate of 12% SI, and lent the same sum to another person at the rate of 15% what will be the gain after 7 ye...
Rating : 5
