Question

3. A SHOPKEEPER BORROWED RS. 20000.00 FROM 02 MONEY LENDERS. FOR ONE LOAN
HE PAID 12 % & FOR THE OTHER 14 % SIMPLE INTEREST. AFTER ONE YEAR HE PAID
+ RS. 2560.00 AS INTEREST. HOW MANY RUPEES DID HE BORROWED AT 12% RATE.
20000 - 2
A) 12000 B) 8000 C) 10000 D) 9000​

Answer 1

The answer is explained below

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