Question

A person had Rs.12000/- with him. He invested 1/3rd at a certain rate and the rest at a rate 4%
higher. If the total interest received for 2 years is Rs 1360, what is the rate at which the 2nd amount has
been invested?​

Answer 1

Answer:

apply interest is equal to p into our into t100 formula than 2% higher is given then add 31860 + 2 and then amount is equal to p (1 + RX100) power man