alleryStart learning →Rs 5,000 is borrowed at 10% and lent at 12% simple interest for 3 years. Net gain?
ARs 150
BRs 300
CRs 1,800
DRs 600
Answer & Solution
Correct answer: B. Rs 300
The 2 per cent spread over 3 years on 5,000 gives 300.
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