Solution-What was the original rate of interest

What was the original rate of interest

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Reference no: EM131003278

An amount of RS. 9800 is lent at a certain rate of interest. After 66 months, an additional amount of RS. 5700 is lent at a rate 3.5 times higher than the former. At the end of nine years RS. 11061.75 is earned as interest on both the loans. What was the original rate of interest?

Reference no: EM131003278

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What was the original rate of interest : An amount of RS. 9800 is lent at a certain rate of interest. After 66 months, an additional amount of RS. 5700 is lent at a rate 3.5 times higher than the former. What was the original rate of interest?

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What was the original rate of interest

Reference no: EM131003278

Reference no: EM131003278

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