A girl borrows 65000 for 5 years at 5% p.a. simple interest. she immediately lends it to another person at 9 % p.a. for 5 years. Find her gain in the transaction per year. Choose the correct choice from the following options.
A) 2600 B) 2500 C) 2550 D) 2650 E) 3600
Gain in 5 years   = [(65000Ã—9Ã—5/100)âˆ’(65000Ã—5Ã—5/100)]   = (29250 â€“ 16250) = 13000.   âˆ´ Gain in 1 year = (13000â„5) = 2600   2600nswer 2600
<result>A</result>
A girl borrows 65000 for 5 years at 5% p.a. simple interest. she immediately lends it to another person at 9 % p.a. for 5 years. Find her gain in the transaction per year.