Akshay brought rs 1500 from friend at the rate 12% p.a for 2½ uears find the intrest and amount paid by him at the end 2½years
Answers
Answered by
1
Answer:
Step-by-step explanation:
Let Akshay lent Rs. X at 14% per year.
Hence, Money lent at 12% = (1500 - x);
Given, total interest = Rs. 186
(x×14×1)100+
[(1500−x)×12×1]100
= 186
14x100+18000−12x 100=186 14x+18000−12x=186×1002x=18600−18000x=6002=Rs. 300 Hence, money lent at 12%=1500−300=Rs.1200
Similar questions