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?
Answers
Answered by
12
Answer:
the total interest after 3 years is ₹5670/-
Step-by-step explanation:
total money borrowed = ₹12000
out of those Rs.4000 is of 18% interest rate and remaining 12000 - 4000 = 8000 is of 15% interest rate.
total interest = p*r*t/100
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Answered by
20
Radhika borrowed =Rs.12000
i. Principal =Rs.4000,
Time =3years
R=18%p.a.
Interest= 4000×18×3 /100
=Rs.2160
ii. Principal =12000−8000=Rs.4000,
Time =3years
R=15%p.a.
Interest= 8000×15×3/100
=Rs.3600
Total interest =2160+3600=Rs.5760
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