Question

Ram borrowed Rs 5000 from shyam at 8% simple Interest. After 9 months again hi Borrowed Rs 2000 promising to return the entire indebtedness at the end of two years . what amount shyam will get from Ram.
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Answer 1

Step-by-step explanation:

According to the question,

This is the data for the first time Ram borrowed money:

Principle = 5000 Rs

S.I = 8%

Time = 9 months (because it says "After 9 months again.... it means that ram had 5000 Rs with him for 9 months so 9 months is the time)

Rate = find it using the formula (lets say your answer came x)

This is the data for the second time Ram borrowed money:

Principle = 2000 Rs

Time 2 years

Rate= x

Now Find the S.I.

Now add the S.I from the first time ram borrowed money with the S.I of second time ram borrowed money

You will have the total S.I

Add the principle from the first time ram borrowed money with the principle of the second time ram borrowed money

You will have the total Principle

Add the total principle and the total S.I, that is your answer