Radhika borrowed 12000 from her friends out of which Rs 4000 were borrowed at 18 percent and the remain at 15 percent rate of interest per annum what is the interest after 3 years?
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Answer:
Step-by-step explanation:
Interest=PTR/100. (where P=pricipal amount)
(T=time taken)
(R=rate of interest)
4000x18x3/100 = 2160
8000x15x3/100 = 3600
total interest=2160+3700
=5860 RS/-
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