Question

Sussane borrowed $900 at 4% p.a. and $1,100 at 5% p.a. for the same duration. If she paid a total of
$364 as the simple interest, then the time duration for which she has borrowed the money is:​

Answer 1

Answer:

The interest he pays per year would be 36 + 55 = 91. Thus, in 4 years the interest would amount to Rs. 364.