Question

Prakhar and Prashant borrowed₹ 3000 and ₹ 3500 respectively
at the same rate of simple interest for 3 years and Prakhar paid
₹
120 less interest than Prashant. Find the rate of interest per
annum​

Answer 1

Answer:

Interest paid by peasant=PTR/100

3500*3*R/100

105R

interest paid by prakhar=PTR/100

3000*3*R/100

90R

150R-90R=120

R(15)=120

R=120/15

8%

Answer 2

Answer:

thanks

I hope answer is helpful