Question

A man borrowed Rs 24000 from two money lenders. For one loan, he paid 15% per annum and for the other 18% per annum. At the end of one year, he paid Rs 4050. How much did he borrow at each rate ?

A) Rs.16000 B) Rs.12000 C) Rs.15000 D) Rs.13000

Answer 1

Step-by-step explanation:

Given :-

• A man borrowed Rs 24000 from two money lenders
• For one loan
• He paid 15% per annum
• the other 18% per annum.
• the end of one year , he paid Rs 4050.

To Find :-

• How much did he borrow at each rate ?

Solution :-

Let the sum at 15% be Rs x and that at 18% be Rs (24000 - x).

=>. {(x × 15 × 1)/100 } + { [(24000 – x) × 18 × 1]/100 } = 4050

=> 15 x + 432000 - 18x = 405000

• x = 9000.

• Money borrowed at 15% = Rs 9000
• Money borrowed at 18% = Rs15000.

Answer 2

Answer:

C) 15000

Step-by-step explanation:

.................