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# ICSE Class 8 Answered

A and B went to a moneylender to borrow a total of ₹ 60,000. The money lender gave A a loan at 28% p. a. and B a loan at a higher rate of interest. If both A and B had to pay the moneylender ₹ 9,800 as interest after a year, how much money was lent to B and at what rate of simple interest?
Asked by Cl_narayan | 26 Nov, 2019, 05:10: PM
Expert Answer
A and B went to a moneylender to borrow a total of ₹ 60,000. The money lender gave A a loan at 28% p. a. and B a loan at a higher rate of interest. If both A and B had to pay the moneylender ₹ 9,800 as interest after a year
Answered by Arun | 27 Nov, 2019, 01:50: PM

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