A man invested Rs. 10,000 at the rate of 12.5% and another amount of Rs. 20,000 at the rate of 13.5% per annum. Find the total amount of interest for his investments.
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Answer:
first man invested 10000 Rupees at a rate of 12.5%(per annum)
so,
our p=10000
r=12.5
t=1year
we know SI=p*r*t/100
10000*12.5*1
100.
total amount of first person is 11250
Agar Main best 20000 Rupees at a rate of 13.5per annum
so
our P equal to 20000
R E cquel to 13.5
t is equal to 1year
we know SI=p*r*t/100
20000*13.5*1
100. =2600$
total amount of 2nd person is 22600
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