Question

Jayesh borrowed rupees 9000 from a bank at the rate of 13 % simple interest per annum he borrowed rupees 11000 from a money lender at the rate of 20% simple interest per annum. find the total amount that he would be paying at the end of 4 years to both the bank and the money lender​

Answer 1

Answer:

Rs. 33,480

Step-by-step explanation:

From the bank:

P = Rs. 9000, R = 13%, N=4

S.I. = PNR / 100

     = ( 9000 x 4 x 13 ) / 100

     = Rs. 4,680

Amount = P + SI

             = 9000 + 4680

             = Rs. 13,680

From the Money Lender:

P = Rs. 11,000, R = 20%, N = 4

SI = PNR / 100

   = ( 11000 x 4 x 20 ) / 100

   = Rs. 8,800

Amount = 8800 + 11000

             = Rs. 19,800

Total Amount = 13,680 + 19,800

                       = Rs. 33,480.

Answer 2

Answer:

hope this helps you

Step-by-step explanation:

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