A invests Rs. 10,000 and B invests Rs. 8000 at the same rate of interest per annum. If at the end of 6 years, A gets Rs.600 more interest than B; find the rate of interest.
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Answer:
Hey here u go ( pls mark as brainliest army )u just need to substitute different values
Step-by-step explanation:
It is given that P
′
s Investment =P
1
=Rs.36,000 and Q
′
s investment =P
2
=Rs.25,000
T=4 years
Let us consider the rate of investment R=x%
So we get P
′
s Interest (S.I)
1
=(P
1
×R×T)/100
Substituting the values =(36000×x×4)/100=Rs.1440x
Q
′
s interest (S.I)
2
=(P
2
×R×T)/100
Substituting the values =(25000×x×4)/100=Rs.1000x
The difference in their interest is calculated as (S.I)
1
−(S.I)
2
=1440x−1000x=Rs.440x
The difference given is =Rs.3080
So we get 440x=3080⇒x=3080/440⇒x=7
So the rate of interest R=7% p.a.
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