Assessment
Exam
Category
A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate
of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per
annum is:
a) 5% b) 7% c) 7 1/8%
d) 10% e) None of these
Read Solution (Total 2)
-
- d. 10%
I1 + I2 = 2200
50*2*r + 30*4*r = 2200
220r = 2200
r = 10 - 7 years agoHelpfull: Yes(1) No(0)
- d .1100*100/1000
- 8 years agoHelpfull: Yes(0) No(0)
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