Math, asked by 7csivanandan1, 6 months ago

6.Maha borrowed Rs 70000 at 3% per annum and Rs 80000 at 5% per annum. He cleared his debt after 4 years by giving Rs 98000 and a car What is the cost of the car?

Answers

Answered by tanishkanisar
1

Answer:

P1=70000,R1=3%,T=4 years

I1=PRT/100

I1=70000×3×4/100

I1=8400 Rs

For case 2:-

P2=80000,R2=5%,T=4years

I2=PRT/100

I2=80000×5×4/100

I2=16000Rs

Total interest=8400+16000

=24400Rs

Total principal=70000+80000

=150000

Total amount=I+P

=24400+150000

=174400Rs

Total amount given by Maha=98000+car

174400=98000+car

car=174400-98000

car=76400

The cost of car=76400

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