7 litres mixture of milk and water contains 30% water. 3.5 litres of milk is added to this mixture. What is the percentage of water in the new mixture?
A money lender lends Rs. 400 for 3 years to a person and lends Rs. 500 for 4 years to the other person at the same rate of simple interest. If altogether he receives Rs. 160 as interest, what is the rate of interest per annum ?