Question

Sheena lent 8,000 at 7% p.a and 11,500 at 5% p.a. Find the total interest in 4 years?​

Answer 1

Answer:

1)2240

2)2300

Step-by-step explanation:

1st question

simple interest=PTR/100

                        =8000*7*4/100

                        =224000/100

                        =2240

therefore 2240 is the interest

2nd question

simple interest=PTR/100

                        =11500*5*4/100

                        =2300

therefore the interest is 2300