Question 52

A person borrows Rs.20000 at the rate of 6 percent per annum on simple interest for 3 years. He immediately lends it to another person at the rate of 8.5 percent per annum on simple interest for 3 years. What is the value of gain per year?

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Join CAT 2026 course by 5-Time CAT 100%iler

Crack CAT 2026 & Other Exams with Cracku!

Ask AI

Ask our AI anything

AI can make mistakes. Please verify important information.