A sum of rups 16800 is divided into two parts one part is lent at the simple rate of interest 6% annum and the other at 8% annum after 2 years the total sum received is 19000rups the sum lent at the rate of 6% simple interest is???
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Explanation:
Correct Answer:
A) Rs.12200
Description for Correct answer:
Let, Sum lent at 6% rate of interest = Rs.x
S.I. = 19000 - 16800 = Rs.2200
Therefore, x×6×2100+(16800−x×8×2)100
= 2200
=> 12x+16800×16−16x
= 220000
=> 4x = 268800 - 220000
=> 4x = 48800
=> x = Rs.12200
Hope it will help....
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