Raj borrows Rs 8000 ; out of which Rs 4500 at 5% and remaining at 6% .find the total interest paid by him in 4 years
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P = 8000₹
P¡ = 4500₹, R¡¡ = 5%
P¡¡ = 3500₹, R¡¡ = 6%
T = 4years
So, si¡ = P¡R¡T/100 = 4500×5×4/100 = 900₹
si¡¡ =P¡¡R¡¡T/100 = 3500×6×4/100 = 840₹
Total SI = si¡+si¡¡ = 900+840 = 1740₹
P¡ = 4500₹, R¡¡ = 5%
P¡¡ = 3500₹, R¡¡ = 6%
T = 4years
So, si¡ = P¡R¡T/100 = 4500×5×4/100 = 900₹
si¡¡ =P¡¡R¡¡T/100 = 3500×6×4/100 = 840₹
Total SI = si¡+si¡¡ = 900+840 = 1740₹
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