Sandeep borrowed 3000 for 4 years and 800 for 2 years ftat the same ra – InterviewSolution

1.	Sandeep borrowed 3000 for 4 years and 800 for 2 years ftat the same rate of interest. The total interest earned by SoFind the rate of interest.
Answer» 2880=(3000×4×r)/100+(8000×5/2×r)/1002880=120r+200r=320rso r=2880/320=9%

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