A lengths a certain sum to B at 5% simple interest and ₹800 more to C at 7% .Both repay the sums borrowed together with interest at the end of 5 years. If C's amount exceeds B's by ₹1240 . What sums did each borrow?
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Answered by
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According to question ,
Amount of 5000 is kept for 6 years i.e interest is to be paid for 6 years
And , Amount of 3000 is kept for 3 years i.e. interset is to be paid for 3 years
Let rate of interst per annum be x%
Then According to question
100
x
× (5000×6+3000×3)=2340
Solving we get x=6%
Explanation:
hope it is helpful for you.
I also cheated it from Google.
Answered by
2
Answer:
P1 =4800
P2 = 400
This is your answer ok.......⚡⚡
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