Question

rohan lent rs 28000 to his two friends he give rs 10000 at 10% p.a. simple interest to one of his friend s and the remaining to other at 12%p.a. how much interest he did receive after two year

Answer 1

12100 for the first friend

22579 for the second friend

total interest that he received 34679.2

Answer 2

Answer:

Rohan will receive Rs 6,320 after two year.

Step-by-step explanation:

Total amount is 28000.

He give Rs. 10000 at 10% p.a. simple interest to one of his friend and remaining to other at 12%p.a.

Remaining amount is

$28000-10000=18000$

Formula for interest is

$I=\frac{P\times r\times t}{100}$

Interest from first friend is

$I_1=\frac{10000\times 10\times 2}{100}=2000$

Interest from second friend is

$I_2=\frac{18000\times 12\times 2}{100}=4320$

Total interest is

$I_1+I_2=2000+4320=6320$

Therefore, Rohan will receive Rs 6,320 after two year.