Arjun deposits Rs.25,000 for an interest of 5% in SBI. His friend Deepak needs money to start a retail shop. Arjun recommends SBI. Deepak fulfills the requirement of the bank and gets Rs.15,000 as a loan for an interest rate of 8% per annum. Diya his sister also helps her brother by taking a loan of Rs,10,000 from the same bank. What is the profit of the bank from this transaction? For the bank to earn double the profit how much interest it must collect from the borrowers.
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Arjun deposits Rs.25,000 for an interest of 5% in SBI. His friend Deepak needs money to start a reta...
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