A Man had rs 4000, part of which he lent at 5%and the rest at 4%. the whole interest received was rs 190. how much did he lent at 4%
Answers
He lent on 4% Rs. 3000/-
Step-by-step explanation:
Let us assume that,the sum lent at 5% = Rs. X
Then,
Amount at 4% = 4000 - X
So,
According to the question,
x = 3000
He lent on 4% Rs. 3000/-
Rs 1000 lent at 4%
Step-by-step explanation:
Let Rs x lent at 5% interest and Rs y at 4% interest.
Total money had Rs 4000
Therefore, x + y = 4000 -----------(1)
Interest on Rs x = 5% of x
= 0.05x
Interest on Rs y = 4% of y
= 0.04x
Total interest received = Rs 190
0.05x + 0.04y = 190 -----------------(2)
using eq(1) and eq(2) solve for x and y
By elimination method, multiply first equation by -0.04
-0.04x -0.04y = -160
0.05x + 0.04y = 190
0.01x = 30
x = 3000
Put x into x + y = 4000
3000 + y = 4000
y = 1000
Hence, Rs 1000 lent at 4%
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