Question

A borrowed some money from b at 12% p.a.s.i. for 3 years. he then added some more money to the borrowed sum and lent it to c for the same period at 14 % p.a.rate of interest. if a gains rs 93.90 in the whole transaction, how much money did he add from his side

Answer 1

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Answer 2

The man to add of Rs.4410 from his side.

Step-by-step explanation:

Given:

A borrowed some money from b at 12% p.a. for s.i. for 3 years.

He then added some more money to the borrowed sum and lent it to c for the same period at 14 % p.a.rate of interest.

If a gains Rs 93.90 in the whole transaction, how much money did he add from his side .

Solution:

The question can be expresses as,

$[(830 + x) \times 14 \times \frac{3}{100}] - [ 830 \times 12 \times \frac{3}{100}]$ = 93.9

On simplifying,

we get 42 x = 4410,

x = 105 rupees

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