![If A lends Rs. 4500 to B at 8% per annum and B lends the same sum to C at 10% per annum, find the gain of B in a period of 3 years.](https://www.gkseries.com/blog/wp-content/uploads/2023/07/If-A-lends-Rs.-4500-to-B-at-8-per-annum-and-B-lends-the-same-sum-to-C-at-10-per-annum-find-the-gain-of-B-in-a-period-of-3-years.jpg)
Question | If A lends Rs. 4500 to B at 8% per annum and B lends the same sum to C at 10% per annum, find the gain of B in a period of 3 years. | |
Type | multiple_choice | |
Option | Rs. 220 | incorrect |
Option | Rs.240 | incorrect |
Option | Rs. 250 | incorrect |
Option | Rs.270 | correct |
The gain of B will be equal to the difference between the interest which C pays to D and the interest which B pays to A for the amount borrowed.
![](https://www.gkseries.com/blog/wp-content/uploads/2023/07/image-74.png)
= 1350 – 1080 = Rs. 270