Kelly borrowed from Richie a certain money for 2 years at simple interest. Kelly lent this money to Rexy at same rate for 2 years at compound interest. At the end of 2 years Kelly received 110 as compound interest and paid 100 as simple interest. Fund the sum of money and rate of interest
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Mahesh borrowed a certain sum for two years at simple interest from Bhim. Mahesh lent this sum to Vishnu at the same rate for two years compound interest. At the end of two years, Mahesh received Rs. 410 as compound interest but paid ... Let the sum borrowed by Mahesh be RS P and rate of interest be .
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