Question

Ramu and Ravi took out loans 60000 rupees each
from a bank at 5% interest. Ramu settled the debt
after one year and took out another loon of 60000
yupees which he settled the next year. Ravi could not
settle the loan after
one year and he was asked
to pay 70% interest. How much each gave as interest?​

Answer 1

☆Solution

Answer:

Let the sum borrowed be Z. Then,

(Zx6x3/100) + (Zx9x3100) + (Zx14x100) = 11400

Therefore, 3Z/25+27Z/100 + 14Z/25) = 11400

? 95Z/100 = 11400

Z = (11400x100/�) = 12000

Answer 2

Answer:

☆Solution

Answer:

Let the sum borrowed be Z. Then,  

(Zx6x3/100) + (Zx9x3100) + (Zx14x100) = 11400  

Therefore, 3Z/25+27Z/100 + 14Z/25) = 11400  

? 95Z/100 = 11400  

Z = (11400x100/�) = 12000

Step-by-step explanation:

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