X and Y borrowed a total sum of Rs. 12000 from a money lender at 5% per annum compound interest
in such a proportion that to settle his loan after 2 years X paid as much amount as was paid by Y after
3 years from the date of borrowing. Find the part of money borrowed by Y.
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Rate = 5% P.a.
Time = 3 years
⇒C.I=P(1+
100
R
)
T
⇒C.I=12000(1+
100
5
)
3
⇒C.I=12000(
20
21
)
3
=12000×
20
21
×
20
21
×
20
21
C.I=
2
3
×(21)
3
=Rs.13891.5
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