A lends 2500 to B and a certain sum to C at the same time at 7% per annum simple interest. If after 4 years, A altogether receive 1120 as Interest from B and C find the sum lent to C
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from B
principal = rs 2500
rate = 7%
time=4 years
simple interest =(2500×7×4)/100=rs. 700
total simple interest = rs. 1120
from B = rs.- 700
from c =rs 420
from c
's.i = rs 420
420×100/ 7×4= P
P =1500
principal = rs 2500
rate = 7%
time=4 years
simple interest =(2500×7×4)/100=rs. 700
total simple interest = rs. 1120
from B = rs.- 700
from c =rs 420
from c
's.i = rs 420
420×100/ 7×4= P
P =1500
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