Maths Arun invested a certain sum of money for 4 years at a certain rate of simple interest if he had invested the same amount for 6 years, the amount of interest earned by him would have been 50% more than the amount of interest earned earlier. What is the annual rate of interest?
| Q.201941: Arun invested a certain sum of money for 4 years at a certain rate of simple interest if he had invested the same amount for 6 years, the amount of interest earned by him would have been 50% more than the amount of interest earned earlier. What is the annual rate of interest? |
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