Question

A merchant borrowed Rs 25000 from two moneylenders. For one loan he paid 12% per annum simple interest and for the other,he paid 14% per annum . The total interest pais by him in one year was Rs 3260. How much did he borrow at each rate ?

Answer 1

12000 and 13000 are two rates

Answer 2

Answer:

$let \: the \: two \: sums \: be \: x \: and \: (25000 - x) \\ he \: \: pays \: 12 \: percent \: for \: x \: and \\ 14perent \: for \: 25000 - x \: \\ x \times 1 \times 12by100 \: + (25000 - x)1 \times 14 \: by \: 100 \: \\ = 3260 \\ 12x \: by \: 100 + 350000 - 14xby \: 100 \\ = 3260 \\ 12x + 350000 - 14x = 326000 \\ - 2x = 326000 - 350000 \\ - 2x = 24000 \\ - 2x + 24000 = 0 \\ 24000 = 2x \\ x = 12000 \: \\ he \: bowroed \: 12000 \: for \: lenders \: \: \\ and13000 \: fr \: anther \: lenders \: \\ ans$

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