Answer-A person deposited ₹ 500 for 2 years, ₹ 600 for 5 years and ₹ 1000 for 6 years all at the same rate...

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Person deposited Rs. 500 for 2 years  Person deposited Rs. 600 for 5 years  Person deposited Rs. 1000 for 6 years  Total simple interest is Rs. 1000  1000  500 x R x 2100  600 x R x 5100  1000 x R x 6100   1000  10R  30R  60R  100R  1000  R  10

A person deposited ₹ 500 for 2 years, ₹ 600 for 5 years and ₹ 1000 for 6 years all at the same rate of simple interest. If he received the total simple interest of ₹ 1000, then what is the rate of interest per annum?

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