Question

What principal will have the simple interest in 2 years at the rate Rs 6 per hundred per annum same as the simple
interest of Rs 400 at the rate Rs 5 per hundred per annum in 3 years.​

Answer 1

Answer:

8.5% per annum?

1500 if the rate of interest for the first 5 years is 9% per annum and for the last 3 years is 8.5% per annum? =Rs1057