Deepa borrowed 9000 from her neighbour. Out of which 23000 were borrowed at 12% and the remaining at 15% rate of interest per annum. What is the total interest after 3 years?
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Answer:
rate of interest of 3000
3000*12*3/100
1080 is the interest for 3000 at 12 pa
for remaining part which is 6000
6000*15*3/100
2700 is the interest for 3 years at 15 pa
total amount is
12780 and total interest is
3780
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