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Amir lent Rs. 600 to Hameed for 2 yrs and Rs.150 to Aman for 4 yrs and recievd altogether from both rs.90 as simple intrest.The rate of intrest is?
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Jun 10, 2017
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Amir lent Rs. 600 to Hameed for 2 yrs and Rs.150 to Aman for 4 yrs and recievd altogether from both rs.90 as simple intrest.The rate of intrest is?
Mathematics
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Ygorg
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600 *2*x + 150*4*x = 90
1200x + 600x = 90
1800x = 90
x = 90/1800 = 0.05
x = 5%
Answer: rate of interest = 5%
Sat Thiru
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Jun 14, 2017
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