Question

Asif borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12%
A.Rs. 1200
B.Rs.1300
C.Rs. 1400
D.Rs. 300

Answer 1

______✨ HEY MATE ✨_______

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SOLUTION :-
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Let Asif lent Rs. X at 14% per year.
Hence, Money lent at 12% = (1500-x);
Given, total interest = Rs. 186.
{(X*14*1)/100} + {[(1500-x)*12*1/100]} = 186;
14x/100 + (18000 -12x)/100 = 186;
14x+18000-12x = 186*100;
2x = 18600-18000;
X = 600/2 = Rs. 300.
Hence, money lent at 12% = 1500-300 = Rs. 1200.

So , Option (A) is the right answer ✔️

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Answer 2

★${\textbf{Hey..!!}}$★


Asif borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12%
A.Rs. 1200✔✔✔
B.Rs.1300
C.Rs. 1400
D.Rs. 300