Question

a sum of rupees 1550 is lent out into two parts, one at 8% and another at 6% if the total annual income is rupees 106 then find the money lent at each​

Answer 1

Let the sum lent at 8% be Rs. x and that at 6% be Rs. (1550 - x). ((x*8*1)/100) + ((1550-x)*6*1)/100=106. 2x = 1300 8x + 9300 2x = 1300 x = 650 Money lent at 8% = Rs. 650. Money lent at 6% = Rs. (1550 - 650) = Rs. 900