Math, asked by gomsmathi, 3 months ago

One person invests Rs.500 in one bank for 4 years and Rs.600 in another bank for 3 years at an interest rate of Rs. 190 / - View the interest rate

Answers

Answered by devanshsharma2965

2

Step-by-step explanation:

Let Rate of Interest = R \%

According to the question,

500×4×R100+600×3×R100=190

20R+18R=190

38R=190

R=5 \%

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