![Wasim borrowed Rs. 2000 from bank and returned Rs. 9500 after 4 years. After 6 years, from starting](https://www.gkseries.com/blog/wp-content/uploads/2024/04/Wasim-borrowed-Rs.-2000-from-bank-and-returned-Rs.-9500-after-4-years.-After-6-years-from-starting.jpg)
Wasim borrowed Rs. 2000 from bank and returned Rs. 9500 after 4 years. After 6 years, from starting, he returned Rs. 12360 and settled his account. What was the rate of interest?
Sol:
![](https://www.gkseries.com/blog/wp-content/uploads/2024/04/image-183-1024x645.png)
Wasim borrowed Rs. 2000 from bank and returned Rs. 9500 after 4 years. After 6 years, from starting, he returned Rs. 12360 and settled his account. What was the rate of interest?
Sol:
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