A person borrows Rs 29000 each from two lenders for 7 years at 6.75% per annum simple interest.

He immediately lends both the sum to another person at 11.25% per annum for 7 years.

Find his gain in the transaction per year.

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A person borrows Rs 29000 each from two lenders for 7 years at 6.75% per annum simple interest.

He immediately lends both the sum to another person at 11.25% per annum for 7 years.

Find his gain in the transaction per year.

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