Let the equal amount be P = x and given t₁=7year t₂=5years r₁=6%, r₂=8% now SI₁=x × 7×6/100 =42x/100 SI₂ =x × 5×8/100 =40x/100 ATQ- SI₂-SI₁=300 42x/100-40x/100 = 300 2x/100=300 2x=300×100 x=15000rs
Direct quotation is also known as
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