Question

Page
find the simple interest
on Rs 5000
the role ok / % Pere annum.
for 3 years at​

Answer 1

According to question ,

Amount of 5000 is kept for 6 years i.e interest is to be paid for 6 years

And , Amount of 3000 is kept for 3 years i.e. interset is to be paid for 3 years

Let rate of interst per annum be x%

Then According to question

100

x

× (5000×6+3000×3)=2340

Solving we get x=6%

Hope this will help you.