Question

a milkman borrowed rs.2500 from two money lenders. for one loan, he paid 5% p.a. and for the other, he paid 7% p.a. the total interest paid after two years was Rs. 275. calculate the money he borrowed at 7% interest.

Answer 1

Answer:

hope it helps

Step-by-step explanation:

2500(1+7/100)*2

2500*107/100*107/100

after cancelling zeros

25*107*107/100

107*107=11,449

11,449*25=2,86,225

2,86,225/100=2862.25

answer=2862.25

Answer 2

Answer:

Total SI = Rs. 275

Let x be the sum borrowed at 7% rate.

so

$\frac{(250 - x) \times 5 \times 2}{100} + \frac{x \times 7 \times 2}{100} = 275 \\ </p><p>x = 625$