Sumit has lent Rs 15500 to vishal at 4% per annum for 9 months. how much will sumit get from Vishal after 9 months.
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Sumit has lent Rs 15500 to vishal at 4% per annum for 9 months. how much will sumit get from Vishal after 9 months.
guys plz ans this question
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Answer:
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Step-by-step explanation:
Let R be the rate of interest. Simple interest to the money lent to Sandeep is
SI=1001,500×4×R
Simple interest to the money lent to Deepak is
SI=1006000×2×R
Given 1001,500×4×R+100600×2×R=900
or 60R+120R=900 or 180R=900 or R=5%