A sum of 2100 is lent out in two parts. If the interest on one part at 9% p.a. for 5 years is equal to the interest on the other part at 25/4% p.a. for 4 years, find the part lent out at 9% p.a.?
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Answered by
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Let x rupees be put at 9% p.a. for 5 years,than interest
Amount left with (2100-x) Rs be put at 25/4% p.a. for 4 years
Since both the interest are equal,so equate these two interest calculated above
So the money lend at 9% p.a is 750/- Rs.
Hope it helps you.
Amount left with (2100-x) Rs be put at 25/4% p.a. for 4 years
Since both the interest are equal,so equate these two interest calculated above
So the money lend at 9% p.a is 750/- Rs.
Hope it helps you.
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26
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Hope this will help !!
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