B borrows ₹ 5,000 from A at 6 % p.a. simple i | vedclass

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(C) $1$. Calculate the amount $B$ has to pay to $A$ (Simple Interest):Principal $(P) = ₹ 5000$,Rate $(R) = 6 \%$,Time $(T) = 2$ years.$S.I. = \frac{P

Vedclass · Accepted Answer

₹ $450$

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(C) $1$. Calculate the amount $B$ has to pay to $A$ (Simple Interest):Principal $(P) = ₹ 5000$,Rate $(R) = 6 \%$,Time $(T) = 2$ years.$S.I. = \frac{P 	imes R 	imes T}{100} = \frac{5000 	imes 6 	imes 2}{100} = ₹ 600$.Total amount to be repaid to $A = P + S.I. = 5000 + 600 = ₹ 5600$.$2$. Calculate the amount $B$ receives from $C$ (Compound Interest):Principal $(P) = ₹ 5000$,Rate $(R) = 10 \%$,Time $(n) = 2$ years.Amount $(A_c) = P(1 + \frac{R}{100})^n = 5000(1 + \frac{10}{100})^2 = 5000(1.1)^2 = 5000 	imes 1.21 = ₹ 6050$.$3$. Calculate the profit made by $B$:Profit = Amount received from $C$ - Amount paid to $A$.Profit = $6050 - 5600 = ₹ 450$.

$B$ borrows ₹ $5,000$ from $A$ at $6 \%$ p.a. simple interest and lends it to $C$ at compound interest of $10 \%$ p.a. If $B$ collects the money back from $C$ after $2$ years and repays $A$,the profit made by $B$ in the transaction is (in ₹):

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