At same rate of simple interest,A lent Rupees 6000 to B for 2 years and Rupees 1500 to C for 4 years and received rupees 900 as interest from both of them together. The rate of interest per annum was.
a) 5%
b) 6%
c) 8%
d) 10%
Option a) 5% is the correct answer...
Answers
Answered by
6
Step-by-step explanation:
5%
If rate of interest be R% p.a. then,
S.I. = \frac{Principal\times Time\times Rate}{100}
\therefore \frac{6000\times 2\times R}{100}+\frac{1500\times 4\times R}{100}=900
=>120R+60R=900
=>180R=900
=>R=\frac{900}{180}= 5%
Hence option [A] is the right answer.
Answered by
10
Step-by-step explanation:
If rate of interest be R% p.a. then,
S.I. = Principal× Time× Rate/100
6000×2×R/100 + 1500×4 × R/100= 900
120R + 60R = 900
180R= 900
R= 900/180
Rate = 5%
hope it helps.....
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