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Answer and Explanations

SAURABH KUMAR
amount remaining= 24000-24000/3=16000
1. 16000/2=8000 SI=PRT/100=8000*15*1/100=1200
2. 8000/2=4000 SI=4000*10*1/100=400
3. 4000 SI=4000*4*1/100=160
adding total interest=1200+400+160=1760
SI=PRT/100 1760=16000*R*1/100
Solving this R=11%

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