If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is
We need to calculate the profit of B. It will be, Simple Interest on the rate B lends - Simple Interest on the rate B gets Gain of B = 3500 × 11.5 × 3 100 − 3500 × 10 × 3 100 = 157.50
We need to calculate the profit of B. It will be,
Simple Interest on the rate B lends - Simple Interest on the rate B gets
Gain of B = 3500 × 11.5 × 3 100 − 3500 × 10 × 3 100 = 157.50
1297 MCQ for effective preparation of the test of Interest of Word Problems section.
Read the MCQ statement: If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is , keenly and apply the method you have learn through the video lessons for Interest to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 205-12972.