Milustration 2A businessman borrowed from two money-lenders a sum of 2

1.	Milustration 2A businessman borrowed from two money-lenders a sum of 2,000.Jaterest was 8% per annum and that for the other was 6% per annum. He paid a total interest ofane year. Find the sum borrowed on each rate of interest by him.
Answer» Answer: 800,1200 at 8%,6% INTEREST respectively. Step-by-step explanation Let's assume that x was borrowed from a guy where interest is 8% per annum and assume 2000-x was borrowed from a guy where interest is 6% per annum. so TOTAL interest=x(8/100) + (2000-x)(6/100) = 136 ==> 8x + 6*(2000-x) = 13600 ===> 2X +12000 =13600 ===> 2x = 1600 ===> x = 800 so amount taken at 8% is 800 amount taken at 6% is 2000-800=1200

Milustration 2A businessman borrowed from two money-lenders a sum of 2,000.Jaterest was 8% per annum and that for the other was 6% per annum. He paid a total interest ofane year. Find the sum borrowed on each rate of interest by him.

Answer»

Answer:

800,1200 at 8%,6% INTEREST respectively.

Step-by-step explanation

Let's assume that x was borrowed from a guy where interest is 8% per annum

and assume 2000-x was borrowed from a guy where interest is 6% per annum.

so TOTAL interest=x*(8/100) + (2000-x)*(6/100) = 136

==> 8x + 6*(2000-x) = 13600

===> 2X +12000 =13600

===> 2x = 1600

===> x = 800

so amount taken at 8% is 800

amount taken at 6% is 2000-800=1200

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Milustration 2A businessman borrowed from two money-lenders a sum of 2,000.Jaterest was 8% per annum and that for the other was 6% per annum. He paid a total interest ofane year. Find the sum borrowed on each rate of interest by him.​

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Milustration 2A businessman borrowed from two money-lenders a sum of 2,000.Jaterest was 8% per annum and that for the other was 6% per annum. He paid a total interest ofane year. Find the sum borrowed on each rate of interest by him.