Question

Sameer land equal sum at money at 5 1 by 2 percent and 4 percent per annum respectively for a period of 3 years if he and rupees 72 more for the money lent out at 51 by 2% find the sum of money lent at 4%​

Answer 1

Answer:

Solution:-

Let each sum be x.

Given that rate of interest is 11%

Now according to the question-

100×2

x×11×9

−

100×2

x×11×7

=412.5

99x−77x=412.5×200

⇒22x=82500

⇒x=

22

82500

=3750

Hence the value of each sum is Rs.3750.