A person borrowed Rs.600 @ 3% per annum S.I and Rs.800 @ 4½ % per annum on the agreement that the whole sum will be returned only when the total interest becomes Rs.246. The number of years, after which the borrowed sum is to be returned, is a) 2 years b) 3years c) 4 years d) 5 years
Answers
Answer:
3 years is the answer
Step-by-step explanation:
hope it helps you
The given question is A person borrowed Rs.600 @ 3% per annum S.I and Rs.800 @ 4½ % per annum on the agreement that the whole sum will be returned only when the total interest becomes Rs.246.
we have to find the number of years, after which the borrowed sum is to be returned
There are four options, they are a) 2 years b) 3 years c) 4 years d) 5 years
The solution to the given question is found by the method given below.
let the time period be y.
According to the data given in the question, the statement will become
(600* 3%*y)+(800*4.5%*x)=246
18x+36x=246
54x=246
x= 246/54
x= 4.55.
Thus
Four and half years is the answer.
Therefore, the final answer to the given question is 4.5 years.
The correct option to the given question is option D.
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