Answer :
⇒ Let the sum be x
Given, P1 = x, R1 = 12% and T1 = 8 year and
P2 = x, R2 = 14% and T2 = 5 year
⇒ The difference between I1 and I2 is 3120
⇒ I1-I2 = 3120
⇒ –
= 3120
⇒ -
= 3120
⇒ 96x- 70x = 3120 × 100
⇒ 26x = 312000
⇒ x = 12000
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
RELATED QUESTIONS :
The simple intere
NCERT - Exemplar MathematicsRadhika borrowed
NCERT - Exemplar MathematicsThe simple intere
NCERT - Exemplar MathematicsWhat sum of money
NCERT - Exemplar Mathematics<span lang="EN-US
NCERT MathematicsAmount received a
NCERT - Exemplar MathematicsRs 6400 were lent
NCERT - Exemplar MathematicsIn a furniture sh
NCERT - Exemplar MathematicsIn how many years
NCERT - Exemplar Mathematics