Radhika borrowed ₹ 12000 from her friends. Out of which ₹ 4000 were borrowed at
18% and the remaining at 15% rate of interest per annum. What is the total interest
after 3 years?
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Answer:
Interest=PTR/100. (where P=pricipal amount)
(T=time taken)
(R=rate of interest)
4000x18x3 8000x15x3
_________ __________
100. 100
interest =2160 interest=3600
total interest=2160+3700
=5860 RS/-
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