Answer:
Rs.3750
Step-by-step explanation:
Solution:-
Let each sum be x.
Given that rate of interest is 11%
Now according to the question-
[tex]\frac{x*11*9}{100*2} -\frac{x*11*7}{100*2} =412.50[/tex]
[tex]99x-77x=412.50*200[/tex]
⇒ [tex]22x=82500[/tex]
⇒ [tex]x=\frac{82500}{22} =3750[/tex]
Hence the value of each sum is Rs.3750.
