Question

A lent 5000 to B for 2 years and 3000 to C for 4 years dimple interest at the same rate of interest and receive 2200in all from boath of them as interest. What is the rate of interest per annum​

Answer 1

Answer:10yr.

Step-by-step explanation:

Let the time be x

Then,5000×2×x/100+3000×4×x=2200

or,100x+120x=2200

or,220x=2200

or,x=2200÷220=10