Dear Sir,
Pls help me solve his simple interest problem.
Divide 3600 into two parts such that if one part be lend at 9% per annum and other part at 10% per annum the total annual income is Rs.333/-
Apprecaite your response.
Let the money lent at the rate of 9% per annum be x and at 10% per annum be (3600-x)
The total interest earned after 1 yr is Rs. 330
So,
So the money lent at 9% is Rs. 2700 and at 10% is Rs.900