How to slove this
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Hope my answer helps you :)
See this problem, you can find your answer on your own:-
Question:
Two equal sums of money were invested, one at 4% and the other at 4 1/2% . At the end of 7 years, the simple interest received from the latter exceeded than that received from the former by Rs. 31.50. What was each sum?
Answer:-
Then, x×4.5×7/100 - x×4×7/100 = 31.50
⇒ 31.5x/100 − 28x/100 = 31.5
⇒ 3.5x/100 = 31.5
⇒ 31.5×100/3.5 = Rs. 900
Thank you :)
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