A and B invest Rs. 3000 and Rs. 2400 respectively in a business. If after one year there is a loss of Rs. 720, how much loss will B bear? (Loss or Profit is in proportion to their investments)
A loan of Rs. 305 was taken at a certain rate per annum of compound interest, for 3 years. After 3 years the amount repaid was Rs. 670, calculate the rate of compound interest.