Accountancy, asked by cnrkrishna9969, 1 year ago

A person borrowed rs 500 at 3 % per annum s.i and rs 600 @ 4 1/2% per annum on the agreement that the whole sum will be returned only when the total interest becomes rs 126 . the number of years after which the borrowed sum is to be returned

Answers

Answered by Alcaa
7

Answer:

3 years

Explanation:

Let the time period be x.

So according to question

(500*3%*x)+(600*4.5%*x)=126

15 x +27 x=126

42 x=126

x=126/4=3

Thus 3 years

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