Question

Raj borrows rupees 8000 out of which rupees 4500 at 5% and remaining at 6% find the interest paid by him in 4 years

Answer 1

STEP BY STEP

Money with raj Rs 8000

4500 at 5 percent

remaining 8000-4500=3500

so 3500 at 6 percent

interest for 4500 will be

$5 \div 100 \times 4500 =225$

Interest for 3500

$6 \div 100 \times 3500 = 210$

interest for 4 yrs for 4500 will be

225 × 4= 900

interest for 4 yrs for 3500 will be

210 x4=840

Total for 4500 will be

4500+900=5100

Total for 3500 will be

3500+840=4340

Total money paid by Raj will be

4340+5100=9440

ANSWER 9440