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Verify before sending answer is Rupees 6000 i.e amount of money and interest received by kamal is 600 and by anand is 615
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siddhartharao77:
It should be 6000 and 6615 instead of 600 and 615.
Answers
Answered by
1
Let the money lent = x.
Given rate of interest = 5%.
Given Time n = 2 years.
Now,
Given that Kamal lent the same sum of money for 2 years SI
= > x + x * 5 * 2/100
= > x + 0.1x
= > 1.1x.
Given that Anand lent sum of money at 5% CI.
= > x [1 + 5/100]^2 [-------- A = P(1 + r/100)^n ------ ]
= > x[21/20]^2
= > X(441/400)
= > 1.1025X.
Given that Anand received 15 more than kamal.
= > 1.1025x = 1.1x + 15
= > 0.0025x = 15
= > x = 15/0.0025
= > x = 6000.
Now,
Amount lent by Kamal = 1.1 * 6000
= 6600.
Amount lent by Anand = 1.1025 * 6000
= 6615.
Hope this helps!
Given rate of interest = 5%.
Given Time n = 2 years.
Now,
Given that Kamal lent the same sum of money for 2 years SI
= > x + x * 5 * 2/100
= > x + 0.1x
= > 1.1x.
Given that Anand lent sum of money at 5% CI.
= > x [1 + 5/100]^2 [-------- A = P(1 + r/100)^n ------ ]
= > x[21/20]^2
= > X(441/400)
= > 1.1025X.
Given that Anand received 15 more than kamal.
= > 1.1025x = 1.1x + 15
= > 0.0025x = 15
= > x = 15/0.0025
= > x = 6000.
Now,
Amount lent by Kamal = 1.1 * 6000
= 6600.
Amount lent by Anand = 1.1025 * 6000
= 6615.
Hope this helps!
Answered by
1
Hey mate!
Here's your answer!!
Kindly refer the given attachment.
Hope it helps you!!!
✌ ✌
Here's your answer!!
Kindly refer the given attachment.
Hope it helps you!!!
✌ ✌
Attachments:
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