Sahil lent equall 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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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:
15000
Step-by-step explanation:
Hope it's correct thank you (づ ̄ ³ ̄)づ
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