a sim of rs 7750 is lent out into parts one at 4% and another one at 3% if total annual income is rs 5300 then money lent at 4% is
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Answer:
Given:
a sim of rs 7750
annual income is rs 5300
To find:
money lent at 4%
Step-by-step explanation:
Let the money lent at 8% be Rs. x. Then,
100
x×8×1
+
100
(15500−x)×6×1
=1060
⇒2x+93000=106000
⇒x=6500
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