Question

A lends rupees 2500 to B and a certain sum to C at the same time at 7% annual simple interest. if after 4 years A altogether receives rupees 1120 as interest from B and C, the sum lent to see is how much ?​

Answer 1

Answer:

1500 is your answer

Let the sum lent to C be x

According to the question,

=> \frac{2500\times 7\times 4}{100}+\frac{x\times 7\times 4}{100}=1120

=>2500\times 28 + 28x = 112000

=> 2500 + x = 4000

=> x = 4000-2500 = 1500

Hence option [B] is the right answer.