A man lends a certain amount of money at 4% per annum. He also invested ₹156500 at 9/2 % per annum. At the end of the year the total interest is ₹115750. Find the money lend at 4% per annum.
⠀⠀⠀⠀( Answer :- ₹2717687.50)
⠀⠀⠀⠀⠀No spamming ! :)
⠀⠀⠀⠀( Answer :- ₹2717687.50)
⠀⠀⠀⠀⠀No spamming ! :)
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Answer:
For first year
P=12500,R=12%, T=1
Interest PRT ÷ 100 =1500
Amount=P+I=14000
For second year previous amount will be Principle
P=14000,R=15,T=1
Interest'= 14000 × 15× 1 ÷ 100
= 2100.
Similarly for third year
Interest''= 100
16100×18×1 =2898
Difference between CI 3 & CI 1
=2898−1500=1398
Step-by-step explanation:
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Answer:
For first year
P=12500,R=12%, T=1
Interest PRT ÷ 100 =1500
Amount=P+I=14000
For second year previous amount will be Principle
P=14000,R=15,T=1
Interest'= 14000 × 15× 1 ÷ 100
= 2100.
Similarly for third year
Interest''= 100
16100×18×1 =2898
Difference between CI 3 & CI 1
=2898−1500=1398
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