Question

Anuj and Rajesh each lent the same sum of
money for 2 years at 8% simple interest and
compound interest respectively. Rajesh
received * 64 more than Anuj. Find the
money lent by each and interest received.​

Answer 1

Here you go!!

⇒ Interest required by Anej =1600 Rs

⇒ Interest required by Anej =1600 Rs⇒ Interest required by Rajesh =1664 Rs