Question

P lends rs 3000 to q and certain sum to r at 5% p.a simple interest. if after 4 years p altogether receives rs 1200 as interest from q and r then what was the sum lent to r?

Answer 1

money lends to q and r are same i.e 3000

Answer 2

Answer:

3000

Explanation:

interest from q=(3000*4*5)/100=600

so interest from r= 600

so sum lend to r=(600*100)/(5*4)=3000