two friends invested ₹7, 000 and ₹15000 at the same rate interest p. a. if at the end of 5 year one friend received ₹ 600 more than the other, find the rate of interest.
Answers
Answered by
17
Answer:
1.5%
Step-by-step explanation:
the simple interest formula = p×r×t/100
SI(1) = 7000 × r ×5 /100
SI (1) = 350 r
now for the second friend
SI(2) = 15000 × r × 5 /100
SI(2) = 750 r
= SI(2)-SI(1) = 600
= 750 - 350 = 600
= 400×r = 600
= r = 600/ 400
= r = 1.5%
Answered by
7
Answer:
1.5%is right answer...........
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