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Two equal amounts were borrowed at 5% and 4% simple interest. The total interest after 4 years amounted to Rs. 405. What was the total amount borrowed?
Rs. 1075
Rs. 1100
Rs. 1125
Rs. 1150
Let total amount is P
SI = PRT/100
After 4 years
SI = Px4x4/100 + Px5x4/100
405= 36P/100
= 1125
By: Munesh Kumari ProfileResourcesReport error
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