Question
The difference between the simple
interest obtained on two principals for a period of 4 years at 5% p.a. rate of interest is Rs.800. If the sum of the two principals is Rs.25000, find the larger principal.Solution
ATQ,
Let the smaller principal be x. Then, larger principal = 25000 − x. According to the question,
The smaller principal = Rs.10500. The larger principal = Rs.25000−10500=14500. The larger principal is Rs.14500.
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