Question

sameer lent equal sums of money 11/2 percent and 4 percent per annum respectively for a periods 3 year if he earned rs. 72 more for the monkey lent out 11/2 find the sum money lent at 4%​

Answer 1

Step-by-step explanation:

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×11×7/100*2 =412.5

99x−77x=412.5×200

⇒22x=82500

⇒x= 82500/22

=3750

Hence the value of eachsun is 3750