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nataly862011
[7]
2 years ago
11
amir lent Rs. 600 to hameed for 2 years and Rs. 150 to aman for 4 year and received altogether from both Rs. 90 as simple intere
st. the rate of interest is.
Mathematics
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1
answer:
aniked
[119]
2 years ago
8
0
Interest = Pin = principal * interest rate * number of years
Let interest rate be i, then
600*i*2+150*i*4=90
1200i+600i = 90
i=90/(1200+600)=90/1800=1/20=0.05 or 5%
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