Question

Ritu lent a sum to Reena at simple interest which amounts to ₹ 7500 in 5 years and ₹9500 in 9 years. Find the sum of money and the rate of interest.


Pls give the solution

Answer 1

$\Huge\underline{\overline{\mid{\green{Answer}}\mid}}$

$\Huge\bold{Given}$

₹ 7500 in 5 years

₹9500 in 9 years

$\Huge\bold{To \: Find}$

Sum of money and the rate of interest.

$\Huge\bold{Solution}$

Let the rate be R% p.a.

Then, 5000 x R x 2 + 3000 x R x 4 = 2200.

100 100

100R + 120R = 2200

R = 2200 = 10.

220

Rate = 10%.

$\Huge \boxed{ \colorbox{lime}{hope \: this \: helps}}$