Question

A man lent equal sums of money at 5 % and 4% p.a. respectively for a period of 3 years.
If he earned 72 more for the money lent at 5 %, find the sum of money lent at 4%.​

Answer 1

Answer:

2400

Step-by-step explanation:

let, sum = x

(x * 5 * 3) / 100 = (x * 4 * 3) /100 + 72

15x = 12x + 7200

15x - 12x = 7200

3x = 7200

x = 2400

Answer 2

Answer:

486

Step-by-step explanation:

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