A person borrows Rs. 7,000 for 3 year's at 5% p.a. simple interest. He immediately lends it to another person at $$6\frac{1}{3}\% $$ p.a. for 3 years. Find the gain in the transaction per year.
A. Rs. 90
B. Rs. 93.33
C. Rs. 92
D. Rs. 95.33
Answer: Option B
This Question Belongs to Arithmetic Ability >> Interest
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