Question

Manav borrowed a sum of 1250 from A man at simple interest rate 8% pa for 3 years. Then he added some more money to the borrowed sum and lent it to Samir for the same time at simple interest 16% pa. If Manav gains 3600 by way of interest on borrowed sum as well as his own amount lent in the whole transaction, then what is the sum lent by him to Samir?

a) 8425 b) 8025 c) 8125 d) 8085 e) 7825

Answer 1

Answer:

8025 no b I=PRT/100 SO ANS = 8025