ashi had rs 20000 with her out of this money she lent some money to ansul for 4 years at 20%p.a simple interest .she lent the remaining money to rajat at 24%p.a.for equal no of year after 4 years ashi found that ansul had given her re 864 more as interest as compare to rajat.the approximate amount of money which ashi had lent to rajat must be.
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Step-by-step explanation:
let Rajat got x amount
4 yrs interest would be 0.96x
ansul got 20000-x
4 yr interest would be 0.8(20000-x)
she gave
16000-0.8x-864=0.96x
15136=1.76x
x=15136/1.76
x=8600
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