Question

Radhika borrowed rupees 12000 from her friend out of which rupees 4000 there borrowed at 18 % and the remaining at 15 % the rate of interest per annum what is the total interest after 3 years...​

Answer 1

Answer:

Radhika borrowed =Rs.12000

i. Principal =Rs.4000,

Time =3years

R=18%p.a.

Now,

4000×18×3

Interest= _________ =Rs.2160

100

ii. Principal =12000−8000=Rs.4000,

Time =3years

R=15%p.a.

Now,

8000×15×3

Interest= _________=Rs.3600

100

Total interest =2160+3600=Rs.5760