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Raj borrows Rs. 8,000, out of which Rs. ...

Raj borrows Rs. 8,000, out of which Rs. 4,500 at 5% and remaining at 6%. Find the total interest paid by him in 4 years.

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To solve the problem step by step, we need to calculate the simple interest for both parts of the loan Raj has taken and then sum them up. ### Step 1: Calculate the interest on the first part of the loan 1. **Identify the principal (P)** for the first part: - P = Rs. 4,500 2. **Identify the rate of interest (R)** for the first part: - R = 5% 3. **Identify the time (T)**: - T = 4 years 4. **Use the formula for Simple Interest (SI)**: \[ SI = \frac{P \times R \times T}{100} \] 5. **Substitute the values into the formula**: \[ SI = \frac{4500 \times 5 \times 4}{100} \] 6. **Calculate the interest**: \[ SI = \frac{90000}{100} = 900 \] - So, the interest on the first part is Rs. 900. ### Step 2: Calculate the interest on the second part of the loan 1. **Calculate the principal (P)** for the second part: - Remaining amount = Total amount - First part - P = Rs. 8000 - Rs. 4500 = Rs. 3500 2. **Identify the rate of interest (R)** for the second part: - R = 6% 3. **Identify the time (T)**: - T = 4 years 4. **Use the formula for Simple Interest (SI)**: \[ SI = \frac{P \times R \times T}{100} \] 5. **Substitute the values into the formula**: \[ SI = \frac{3500 \times 6 \times 4}{100} \] 6. **Calculate the interest**: \[ SI = \frac{84000}{100} = 840 \] - So, the interest on the second part is Rs. 840. ### Step 3: Calculate the total interest paid 1. **Add the interest from both parts**: \[ \text{Total Interest} = 900 + 840 = 1740 \] - Therefore, the total interest paid by Raj in 4 years is Rs. 1740. ### Final Answer: The total interest paid by Raj in 4 years is Rs. 1740. ---
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ICSE-INTEREST (SIMPLE AND COMPOUND)-EXERCISE 9(A)
  1. Find the interest and the amount on : Rs. 750 in 3 years 4 months at...

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  2. Find the interest and the amount on : Rs. 5,000 at 8% per year from ...

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  3. Find the interest and the amount on : Rs. 2,600 in 2 years 3 months ...

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  4. Find the interest and the amount on : Rs. 4,000 in 1""1/3 years at 2...

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  5. Rohit borrowed Rs. 24,000 at 7*5 percent per year. How much money will...

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  6. The interest on a certain sum of money is Rs. 1,480 in 2 years and at ...

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  7. On what principal will the simple interest be Rs. 7,008 in 6 years 3 m...

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  8. Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% ...

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  9. At what rate per cent per annum will Rs. 630 produce an interest of Rs...

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  10. At what rate percent per year will a sum double itself in 6""1/4 years...

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  11. In how many years will Rs. 950 produce Rs. 399 as simple interest at 7...

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  12. Find the time in which Rs. 1,200 will amount to Rs. 1,536 at 3*5% per ...

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  13. The simple interest on a certain sum of money is 3/8 of the sum in 6""...

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  14. What sum of money borrowed on 24th May will amount to Rs. 10,210*20 on...

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  15. In what time will the interest on a certain sum of money at 6% be 5/8 ...

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  16. Ashok lent out Rs. 7,000 at 6% and Rs. 9,500 at 5%. Find his total inc...

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  17. Raj borrows Rs. 8,000, out of which Rs. 4,500 at 5% and remaining at 6...

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  18. Mohan lends Rs. 4,800 to John for 4""1/2 years and Rs. 2,500 to Shyam ...

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  19. John lent Rs. 2,550 to Mohan at 7*5 per cent per annum. If Mohan disch...

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