in4years an investment of₹ 9000 earns₹400 more as interest than ₹7000 if both the sums are invested at the same rate of interest find the rate of interest
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2250
Step-by-step explanation:
ate of interest= 4 years
As given in the question interest on rupees 7000 + 400= 9000
the sum invested at the same rate of interest that is 4 years
4×400+7000=1600+7000=8600
400+8600=9000
therefore rate of interest=
9000÷4=2250
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