Manju borrows Rs.5000 for 2 years at 4% p.a. simple interest from Sudha. She immediately lends it to another person at 6 1⁄4% p.a for 2 years. Find her gain in the transaction per year.

A) Rs. 101

B) Rs. 98.5

C) Rs. 124.3

D) Rs. 112.5

View Answer
Option – D.