Don borrows P5000 for 2 years at 4% per annum simple interest. He imrnediately lends it to another person al 6% per annum for 2 years. Find his gain in the transaction per year. O 9112.50 B125 9225 B167.50
Don borrows P5000 for 2 years at 4% per annum simple interest. He imrnediately lends it to another person al 6% per annum for 2 years. Find his gain in the transaction per year. O 9112.50 B125 9225 B167.50
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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Transcribed Image Text:Don borrows P5000 for 2 years at 4% per annum simple interest. He
imrnediately lends it to another person at 6% per annum for 2 years. Find
his gain in the transaction per year.
O B112.50
O B125
O #225
B167.50
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