Simple interest for a sum of ₹1,550 for 2 years is ₹ 20 more than – InterviewSolution

1.

Simple interest for a sum of ₹1,550 for 2 years is ₹ 20 more than the simple interest for ₹ 1,450 for the same duration .find the rate of interest .

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Answer:

S.I for a SUM of 1550 for 2 years rupees 20 more than the S.I for 1450 for the same duration. Find the RATE of interest. R = 10%

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