Question

if in 4 years the interest on rs 5500 is more than the interest on rs 5000 by120 find rate of the interest
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Answer 1

Answer:

5500×4×r/100= 220r

5000×4×r/100= 200r

220r-200r= 20r

20r = 120

r= 6%

Answer 2

6 percent is answer————-