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Rs 5000 is distributed among 2 persons for 3 years. First party paid Rs 393 more interest than the second party. Find their sum where first party paid at Compound Interest and second party paid at Simple Interest.

TheMiralce123 , 6 Years ago
Grade 10
anser 2 Answers
Aditya Gupta
let first person get f Rs and second one get s Rs such that f+s= 5000
now, compound interest paid by first person= f(1+r)^3 – f
and simple interest paid by second person= sr*3
by given condition f(1+r)^3 – f= 393 + 3sr
so obviously this ques cannot be solved until value of r is provided. maybe you can repost the ques with a pic from the book you have taken it from. i will then b happy to assist you further.
kindly approve :)
Last Activity: 6 Years ago
Saurabh Koranglekar
576-2284_15653112285331753654691.jpg
Last Activity: 6 Years ago
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