The simple and compound interest that can be earned in two years at the same rate is Rs 1,000 and Rs 1,040 respectively. What is the rate (percent per annum) of interest?
The average revenues of 13 consecutive years of a company is Rs 78 lakhs. If the average of first 7 years is Rs 73 lakhs and that of last 7 years is Rs 85 lakhs, what is the revenue for the 7th year?