Question

Arjun borrowed Rs. 5000 at R% S.I. and Rs. 6000 at (R +

According to question, 5000 R100 2 6000 R 5100 2 2800 100R 120R 120 5 2800 220R 600 2800 220R 2200 R 10 So, R 5 15

5)% S.I. for 2 years. The total interest paid was Rs. 2800. Find the rate at which he borrowed Rs. 6000.

A 20%

B 18%

C 15%

D 32%

E None of these

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