Question

suhail lent rs 15000 to his friend. he gave rs 2500 at 18% and the remaining amount at 15% how much interest did he receive in 3 years?

Answer 1

Suhail lent money for his friend=RS 15,000
remaining amount=15000 -2500 =RS 12500
from first
principal=RS 2500 rate =18% time=3 years
simple interest= 2500×18×3/100=RS 1350
amount=2500+1350 =RS 3350
from second
principal=RS 12500 rate =15% time= 3 years
simple interest=12500 ×15×3/100 =RS 5625
amount=12500+5625=RS 18125
he get =RS 18125 +RS 3350 =RS 21475 ans/-