a sum of rs. 1500is lent out two parts, one at 8%and another one at 6%.if the total annual interest is rs. 105 find the money lent at 8%
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Step-by-step explanation:
let the sum lent at 8% be Rs.x and that at 6% be Rs.(1500-x) 8× +9300-6x=10600=2×=1300=×=650
[x×8×1/100]+[(1550-x)×6×1/100]=106
money lent at 8%=Rs.650.money lent at 6%=Rs.(1550-650)=Rs.900
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