amit lend rs 6000 to rahim for 2 year and rs 1500 to joseph for 4 year and receive together from both rs 900 as si the rate of interest is?
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I=PTR/100
intrest in rahimcase=900
6000*2*R/100=900
R=900/120
R=45/6
R=15/2
in joseph case
6000*4*R/100=900
R=90/24
=45/12
=15/4
intrest in rahimcase=900
6000*2*R/100=900
R=900/120
R=45/6
R=15/2
in joseph case
6000*4*R/100=900
R=90/24
=45/12
=15/4
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