Wasim borrowed Rs. 2000 from bank and returned Rs. 9500 after 4 years. After 6 years, from starting

Wasim borrowed Rs. 2000 from bank and returned Rs. 9500 after 4 years. After 6 years, from starting

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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