Question

Find the sum which when lent at the rate of 8% per annum for 9 months will give the same
simple interest as Rs 2000 lent at 9% per annum for 2 years.
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Answer 1

Answer:

Step-by-step explanation:

(i) Principal = Rs 2000, Rate of Interest = 5% per annum and Time = 5 years. (ii) Principal ... Find the interest on Rs 500 for a period of 4 years at the rate of 8% per annum. Also ... He lent this sum of money to Rohan at 10% per annum for 2 years.

Answer 2

Answer:

find the sum which when lent at rate of 8 per annum for 9 months will given the same simple interest as rupees 2000 lent at 9% annum for 2 years