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Vignesh borrows Rs.10,000 for 2 years at 4% p.a. simple interest. He lends it to Sanjay at 6% p.a. for 2 years. find his gain in this transaction per
Question

Vignesh borrows Rs.10,000 for 2 years at 4% p.a. simple interest. He lends it to Sanjay at 6% p.a. for 2 years. find his gain in this transaction per year.

A.

200

B.

400

C.

600

D.

800

E.

Answer not known

Correct option is A

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