Guest

Mahesh borrowed a certain sum for two years at simple interest from Bhim. Mahesh lent his sum to Vishnu at the same rate for two years compound interest. At the end of two years, Mahesh received Rs. 410 as compound interest but paid Rs. 400 as simple interest. Find the sum and rate of interest.

Mahesh borrowed a certain sum for two years at simple interest from Bhim. Mahesh lent his sum to Vishnu at the same rate for two years compound interest. At the end of two years, Mahesh received Rs. 410 as compound interest but paid Rs. 400 as simple interest. Find the sum and rate of interest.

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60796 Points
2 months ago
Our expert is working on this Class VII Maths answer. We will update the answer very soon.

Think You Can Provide A Better Answer ?

Provide a better Answer & Earn Cool Goodies See our forum point policy

ASK QUESTION

Get your questions answered by the expert for free