SIMPLE AND COMPOUND INTEREST
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+ 1 , - 0.25

QUESTION 1.

S borrowed Rs.75,000.00 from two banks at compound interest compound annually. One bank charges interest at the rate of 15% per year and the other bank at 20% per year. If at the end of the year, S paid Rs.12,000.00 as the total interest to the two banks, how much did she borrow from the second bank?

QUESTION PALLET

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