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A farmer borrowed Tk. 25,000 from two money lenders. He paid 12% per annum for one loan and 14% per annum for the other. The total interest paid for one year was Tk. 3,260. How much did he borrow at each rate?

Created: 2 months ago | Updated: 2 months ago
Updated: 2 months ago

A farmer borrowed Tk. 25,000 from two money lenders. He paid 12% per annum for one loan and 14% per annum for the other. The total interest paid for one year was Tk. 3,260. How much did he borrow at each rate?


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