A man deposited Rs. 2820 in a bank at 9% per annum and Rs. 3420 in another bank at 11% per annum. Find the rate of interest for the whole sum
(a) 12.732%
(b) 12.321%
(c) 11.616%
(d) 10.096%
Sol:
A man deposited Rs. 2820 in a bank at 9% per annum and Rs. 3420 in another bank at 11% per annum. Find the rate of interest for the whole sum
(a) 12.732%
(b) 12.321%
(c) 11.616%
(d) 10.096%
Sol: