Question

Rs.5000 is lent out for 4 years at the rate of x% per annum simple interest and the interest so earned is equal to the interest on Rs.6000 for the same time at the rate of 5% simple interest. Find the value of x?​

Answer 1

Answer:

B) 5%

Description for Correct answer:

Let Rate of Interest = R \%

According to the question,

500×4×R100+600×3×R100=190

20R+18R=190

38R=190

R=5 \%

Hence, Required Rate \%=5 \%

Answer 2

Answer:

plz ..don't post bad pic

Step-by-step explanation:

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