Interest earned on 9000 is 400 more than the
interest earned on 7000. If both the sums are
invested at the same rate of interest for 4 years, find
the rate of interest.
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Difference in principal = ₹ 2000
Interest for 4 years =₹400
For one year = =₹100
Rate 100/2000x100= 5%
Interest for 4 years =₹400
For one year = =₹100
Rate 100/2000x100= 5%
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