A man invested 10000 rupees,split in two schemes,at annual rate of interest 8% and 9%.after one year he got 875 rupees as interest from both.how much did he invest in each?
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hey man
Step-by-step explanation:
Here, the principal amount is P=x, rate of interest is R=8%, and time T=1 year. Consider the principal amount is P=10000−x, rate of interest is R=9%, and time T=1 year. After one year the combined interest found from both the schemes is 875 rupees . ∴ substitute SI=875 into the equation (3) .
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