Question

rs 500 was invested at 12% per annum simple intrest and a certain of money invested at 10% per annum simple intrest. sum of the interest on both the sum after 4 years is rs 480, the letter sum of money is

Answer 1

Answer:

In first case take 500 as principal,12%as rate and time 4 yrs and calculate interest and in second case take x principal, 10% as interest and time 4 yrs and calculate interest .

When you have both interest then add them and equate them with rupees 480 you will get your answer