Question

JU
16.
( 40 years
(A) 6
(B) 8
(C) 10
(D) 12
A borrowed Rs. 500 at the rate of 5% annum and Rs. 1000 at the rate of 4% per annum on simple
interest from B on the same day, under conditions that the loan and interest will be paid when the
amount in both cases together will be Rs. 2020. How many years will it take to repay the loans ?​

Answer 1

Answer:

follow me pls

- Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years, and at the rate of 14% p.a. for the period beyond five years. If he pays a total interest of Rs. 11,400 at the end of nine years, how much money did he borrow?

A - 12,000

B - 13,000

C - 14,500

D - 12,500

Answer - A

Step-by-step explanation:

Explanation

Let the sum borrowed be Z. Then,

(Zx6x2⁄100) + (Zx9x3⁄100) + (Zx14x4⁄100) = 11400

Therefore, 3Z⁄25 + 27Z⁄100 + 14Z⁄25) = 11400

? 95Z⁄100 = 11400

Z = (11400x100⁄95) = 12000