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A man took a certain sum as loan from bank at a rate of 9% SI per annum. The man lends the same amount to another person at 15% SI per annum. If at the end of 4 years man made a profit of Rs. 9000 from the deal. What was the original sum ?
Rs.32700
Rs.39000
Rs.37500
Rs.32500
P*15*4/100 – P*9*4/100 = 9000 60P – 36P/100 = 9000 24P= 900000 P = Rs 37500
By: Pranav Gupta ProfileResourcesReport error
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