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Discussion :: Simple Interest

  1. If A lends Rs.3500 to B at 10% per annum and B lends the same sum to C at 11.5% per annum then the gain of B in a period of 3 years is?
    2. A.
    Rs.107.50
    B.
    Rs.115.50
    C.
    Rs.157.50
    D.
    Rs.177.50

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    Answer : Option C

    Explanation :

    (3500*1.5*3)/100 => 157.50

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