A invests8,000 and B invests11,000 at the same rate of interest per an – InterviewSolution

1.	A invests8,000 and B invests11,000 at the same rate of interest per annum.at the end of 3 years, B gets720 more interest than A; find the rate of interest.
Answer» Interest of B + 720 = Interest of A 8000R3/100 + 720 = 11000R3/100 240R + 720 = 330R 720 = 90R R = 8%

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