Sahil lent equal sums of money on simple interest for 4 years to Priya at 9% per annum and to Monisha at 8% per annum Find the sum lent to each, if the interest paid by Monisha is 600 less than that paid by Priya.
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Answered by
12
Answer:
15000
Step-by-step explanation:
Let the sum lent by Sahit be x.
T=4years
For Priya R=9%
I=(x*4*9)/100 = 9x/25
For Monisha R=8%
I= (x*4*8)/100 = 8x/25
According to the problem:
9x/25 - 8x/25 = 600
x= 600*25
= 15000
Answered by
3
Answer:
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