Hari and Ajit borrowed ₹8000 and ₹6250 respectively at the same rate of interest for 3 years. If Hari paid an interest of ₹735 nore than Ajit. Find the rate?
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hey here. is your answer i only give you equetion not the whole answer because i am a
math teacher so as a teacher i request you don't ask the answer
math teacher so as a teacher i request you don't ask the answer
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for hari, interest= 8000×r×3/100
for ajit, interest= 6250×r×3/100
therefore, interest for hari-interest for ajit= 735
240r- 187.5r= 735
52.5r= 735
r= 735/52.5= 14 pa
for ajit, interest= 6250×r×3/100
therefore, interest for hari-interest for ajit= 735
240r- 187.5r= 735
52.5r= 735
r= 735/52.5= 14 pa
AnshSingh071:
pa means per annum. Hope that helps ^_^
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