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Mr Garib Dass borrows Rs. 50,000 for 2 years at 4% p.(a) simple interest. He immediately lends it to Mr Zaroorat Mand at 61⁄4% p.a for 2 years. Find his gain in the transaction per year

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Mr Garib Dass borrows Rs. 50,000 for 2 years at 4% p.(a) simple interest. He immediately lends it to Mr Zaroorat Mand at 6<span class='superscript'>1</span>⁄<span class='body-subscript'>4%</span> p.a for 2 years. Find his gain in the transaction per year






 
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