Lemma
MediumMoney & interest
AQuA-RAT train #7839 · Arithmetic · Money & interest

Arun borrowed a certain sum from Manish at a certain rate of…

Arun borrowed a certain sum from Manish at a certain rate of simple interest for 2 years. He lent this sum to Sunil at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 2400 as compound interest but paid Rs. 2000 only as simple interest. Find the rate of interest.

~8 minAnswer checked instantly

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #7839

Stuck? A gentle nudge

No hints for this one.

Something off?
Workspace
Your answer

Checked against the answer in AQuA-RAT.