Prabhat took a certain amount as a loan from a bank
at the rate of 8% p.a. S.I. and gave the same amount to
Ashish as a loan at the rate of 12% p.a. If at the end of
12 years, he made a profit of Rs. 320 in the deal,
what was the original amount?
Answers
Step-by-step explanation:
★Given
Prabhat took a certain amount as a loan from a bank at the rate of 8% p.a. S.I. and gave the same amount to Ashish as a loan at the rate of 12% p.a. If at the end of 12 years, he made a profit of Rs. 320 in the deal, What was the original amount?
★To Find
↪Orignal Amount?
You Can See Attached File Too.
★Solution
- ↪Let Principal Be 'x'
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- ↪We Know,
- S.I= P×R×T
- 100
★According To Question
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- ↪X×12×12/100 - x×8×12/100 =320
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- ↪48x/100 =320
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- ↪X=320×100/48
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- ↪=666.67
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★Final Answer⬇️
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- ↪"Orignal Amount = 666.67"↩
Hope It Helps!!
Answer:
Prabhat took a certain amount as a loan from a bank
at the rate of 8% p.a. S.I. and gave the same amount to
Ashish as a loan at the rate of 12% p.a. If at the end of
12 years, he made a profit of Rs. 320 in the deal,
what was the original amount?
TO FIND :
PRINCIPAL
SOLUTION :
let the principle be "X"
subtracted from
= 320
= 666.67