Question

Neha and Priya borrowed 5400 and 3 6000, respectively, at the same rate of interest for 8/5 years. If Priya paid 240 more than Neha, then find the rate of interest​

Answer 1

Answer:

Neha and Priya borrowed 5400 and 3 6000, respectively, at the same rate of interest for 8/5 years. If Priya paid 240 more than Neha, then find the rate of interest.

Answer in pic

Step-by-step explanation:

please do follow me.

Answer 2

Answer:

let the rate be =r%

SI.=p*r*t/100

si=5400**r*8+240/100*5=6000*r*8/100*5

neha's int. priya's int.

1080*8r+24000=1200*8r

8r(120)=24000

8r=200

r= 200/8=25%

Ans.=25%%