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Raju lent Rs. 400 to Rakesh for 2 years and Rs. 100 to Rohan for 4 years and received from both Rs. 60 as collective interest. Find the rate of simple interest being calculated. |
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Answer» Raju lent Rs. 400 to Rakesh for 2 years and Rs. 100 to Rohan for 4 years and received from both Rs. 60 as collective interest. Find the rate of simple interest being calculated. |
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