Question

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.​

Answer 1

Answer:

Raj paid 5% interest for Rs 4500 and 6% interest for Rs 3500

So interest paid at the rate of 5% in 4 years is 4500×

100

5

×4=900

Interest paid at the rate of 6% in 4 years is 3500×

100

6

×4=840

Total interest paid in 4 years is 900+840=1740

Answer 2

Raj paid 5% interest for Rs 4500 and 6% interest for Rs 3500
So interest paid at the rate of 5% in 4 years is 4500×
100
5
​
×4=900
Interest paid at the rate of 6% in 4 years is 3500×
100
6
​
×4=840
Total interest paid in 4 years is 900+840=1740

Hope it helps
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