raj lent out 4,500 rupees at 5% and 3,500 at 6% . find his total income from the intrest in 4 year
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answer- 1740
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Step-by-step explanation:
P - Rs. 4500
R - 5 per cent
T - 4 years
SI = P×R×T÷100
= Rs. 4500×5×4÷100
=Rs. 90
Case 2
P= Rs. 8000 - Rs. 4500
=Rs.3500
R = 6 per cent
T = 4 years
S.I = P×R×T÷100
= Rs. 3500×6×4÷100
=35×6×4
=Rs.840
Total interest paid by Raj = Rs. 900+Rs.840
= 1740
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