Question

a trade borrows rs.1,00,000 from a moneylenders and a bank. if the rate of interest are 18 percent p.a. and 16 percent p.a. respectively and the trader had paid rs.16,000 as interest for one year, find the sum borrowed from the moneylender and banka trade borrows rs.1,00,000 from a moneylenders and a bank. if the rate of interest are 18 percent p.a. and 16 percent p.a. respectively and the trader had paid rs.16,000 as interest for one year, find the sum borrowed from the moneylender and bank​

Answer 1

Step-by-step explanation:

Here the question is that if 15% of a number has a value of 60 then what is that number that is we have to find 100%

Let the number be x

If 15 ———> 60

Then

100———> x

=> 15/100=60/x

=> x=400

A very easy way to find percentages is suppose if we take a number eg 50 and want 10% decrease one decimal i.e 5.0 and for 1% we should decrease 2 decimals i.e 0.5 and so on.If we if need to find 12% we can do it by just adding 10% and 2% i.e

12%=10%+2%=(5.0+2 (0.5))=6

In this way we find percentage of many number easily