Question

A Bank lends Rs. 3,00,000 to a person A at simple interest 8% and Rs. 2,00,000 to another person B at simple interest 10% for T years. If the Bank receives an interest of Rs. 1,76,000 at the end of the period, then T = (in years)
(1) 5
(2) 4
(3) 3
(4) 2

Answer 1

Ans 2 ) is correct put option 4 year in the question u will get 96000 on first one and 80000 on another
,

Answer 2

Answer:

The correct answer is option (2). 4

Step-by-step explanation:

Formula:-

simple interest

$I=\frac{PTR}{100}$

It is given that,

A Bank lends Rs. 3,00,000 to a person A at simple interest 8% and Rs. 2,00,000 to another person B at simple interest 10% for T years.

Total interest = Rs. 1,76,000

To find the value of T

$I=\frac{300000X8XT}{100}+\frac{200000XTX10}{100}=176000$

24000T + 20000T = 176000

T(24 + 20) = 176

44T = 176

T = 176/44 = 4

Therfore the value of T = 4 years

The correct answer is option (2). 4