CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Anish borrowed Rs.15000 at the rate of 12% and another amount at the rate of 15% for two years. The total interest paid by him was Rs.9000. How much did he borrow?

Open in App
Solution

P2=15,000r=12%t=2years
I1=P2×R1×T100
=15000×12×2100
=3600
P=P2r2=15%t=2years
I2=P1×R2×t100
=P2×15×2100
Totalenterest I = 9000
I = I1+I2
9000=3600+P2×15×2100
90003600=P2×30100
540030×100=P2
P2=18000Ans.
15000+18000=33000

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Simple Interest
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon