A certain sum of money amount to Rs 6300in 2yrs and Rs 7875 in 3yrs9months at simple interest. Find the rate of interest p.a .
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Int for 1yr 9mos=7875-63oo =
1575
Int.for lyr=Ix1575x4 / 7=.900
Int.for 2 yrs=900x2=1800
Prl.amount=63oo-1800 = Rs.4500
R = 100xI/PN=100x1800/4500x2
= 20%
Rate of int=20%
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