Question

Two equal sum of money lent to A and B for 3 years at 4% and 6% simple interest respectively if be paid rupees 468 more than a find the sum lent to each

Answer 1

Answer:

we can find answer by making to equation of simple interest formula

Step-by-step explanation:

let the sum lent to each people A & B = Rs. x

For A

S. I. = p*r*t/100

= x*4*3/100

= 3x/25 .........(i)

For B

S. I. = p*r*t/100

= x*6*3/100

= 9x/50. ..........(ii)

From equation i & ii and according to question

S.I. of B - S.I. of B = 468

9x/50 - 3x/25 =468

(9x-6x) /50 =468

3x= 468*50

x=23400/3

x=7800

So the sum of each people is Rs. 7800