Question

1
3.) Sameer lent equal sums of money at 5
2
per cent and 4 per cent per annum respectivel) Pr
1
3 years. If he earned * 72 more for the money lent out at 57%, find the sum of money
) PE
|​

Answer 1

Answer:

Let each sum be x.

Given that rate of interest is 11%

Now according to the question-

100×2

x×11×9

−

100×2

x×11×7

=412.5

99x−77x=412.5×200

⇒22x=82500

⇒x=

22

82500

=3750

Hence the value of each sum is Rs.3750.