A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person atÂ 614Â p.a for 2 years. Find his gain in the transaction per year

A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He i

1.	A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person atÂ 614Â p.a for 2 years. Find his gain in the transaction per year
A.	Rs. 112.50
B.	Rs.150.25
C.	Rs.167.50
D.	Rs.170
Answer» B. Rs.150.25