- 07/02/2019 at 10:59 am #1287859EduGorillaKeymasterSelect Question Language :
Ramesh and Suresh invested same amount of money in two banks for 2 years which offer interest at the same rate, but Ramesh invested in a bank which offers compound interest and Suresh invested in a bank which offers simple interest. After two years Ramesh got Rs. 525 as interest and Suresh got Rs. 500 as interest. What is the rate of interest offered by the banks?
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