Divide 5000 into two parts such that one part is lent at 8 per cent p. a. and other at 7 per cent p. a., the total income from interest is 770Rs
Anonymous:
is it simple or compound interest?
time period?
simple
please please tell me answer
i am totally confused in this question
time period
not given in question
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sum of ratio =15
8/15×1500=800
7/15×1500=700
8/15×1500=800
7/15×1500=700
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