Math, asked by ramya320858, 9 months ago

Anand lent a total of Rs. 4000 for 2 years, divided equally among two persons at simple interest. The rate at which he lent the money to the first and second person were 8% p.a and 12% p.a respectively. Find the effective annual rate of interest at which Anand lent the money is

Answers

Answered by Anonymous

1

Answer:

2400

Step-by-step explanation:

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Answered by ramya172ft128

0

Answer:

10%

Step-by-step explanation:

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