a lent rupees 600 to b for 2 years and rupees 150 to c
for 4 year ant reset altogether from both rupees 90 as simple interest the rate of interest is
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Answer:Let rate = R% per annum.
Then, [(600 x R x 2)/ 100 ] + [(150 x R x 4 ) / 100] = 90
⇒ 18R = 90
∴ R = 5%
To find time
SInce I = PTR/100
Therefore t = 100I/Pr
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