Question

Mr.sheeda invested two sums of money on simple interest for a period of 8 years.the first was Rs.8000 and the second was Rs.20000.​

Answer 1

Answer:

Step-by-step explanation:

Let the amount be Rs.x

Cl at 10 % in 2 years = 10+10+10×10\100=21%

ATQ,

x×21100=1050⇒x=Rs.5000

And

5000×8×t100=2000

⇒t=5years.