14. Sarita borrows 8,000; out of which 3,500 at 4% and the remaining at 6% per annum. How much interest she
will pay in 5 years?
kindly answer correctly....plzz....
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Step-by-step explanation:
1) Simple Interest = PTR/100
= (3500 × 5 × 4)/100 = Rs. 700
2) Remaining amount = 8000 - 3500 = 4500
Simple Interest = (4500 × 5 × 6)/100 = Rs. 1350
Total interest she has to pay = 700 + 1350
Rs. 2050
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