there are two banks A and B that offer rate of interest as 10% and 20% respectively you have invested equal sum in both the banks if you receive rupees 120 more from Bank be after 6 years how much money was invested in each Bank ?
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Answer:
chal ja be
Step-by-step explanation:
bhag
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Answer:
Step-by-step explanation:
You have to mention the type of interest in the question
But no worries i am solving this by assuming it as simple interest.
So, let principle = P
Rate of bank A = R1 = 10%
Rate of bank B = R2 = 20%
Rate of bank A after 6 years will be = 60%
Rate of bank B after 6 years will be = 120%
So, it is given that
120% of P - 60% of P = 120
60% of P = 120
P = 200
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