Question

Ram lent sum of money to Mohan for 2 years at 12% per annum Mohan lent the same amount to Sohan for 2 years at 14 % per annum Mohan gains rupees 2,000 find amount lent by Ram​

Answer 1

Step-by-step explanation:

Given Ram lent sum of money to Mohan for 2 years at 12% per annum Mohan lent the same amount to Sohan for 2 years at 14 % per annum Mohan gains rupees 2,000 find amount lent by Ram

• Let the amount lent by Ram be P
• So interest will be P x R x T / 100
•                               = P x 12 x 2 / 100
•                               = 6 P / 25
• So interest for Sohan will be P x R x T / 100
•                                           = P x 14 x 2 / 100
•                                          = 7 P / 25
• Now amount gained will be 7P / 25 – 6P/25
•       = P/25
• Therefore amount gained will be P/25 = 2000
•       Or P = Rs 50,000

So Amount lent by Ram is Rs 50,000

Reference link will be

https://brainly.in/question/7232677

Answer 2

Answer:

Rs 50000

Step-by-step explanation:

Define x:

Let the amount that Ram lent out be x

Find the amount of interest Mohan has to pay Ram:

Interest a year = 12% of x

Interest a year = 0.12x

Interest for 2 years = 2(0.12x) = 0.24x

Find the amount of interest Mohan gain from lending to Sohan:

interest a year = 14% of x

interest a year = 0.14x

Interest for 2 years = 2(0.14x) = 0.28x

Find the amount he gained in x:

Gain = 0.28x - 0.24x

Gain = 0.04x

Solve x:

Gain = 0.04x

Gain = 2000

0.04 x = 2000

x = 2000 ÷ 0.04

x = Rs 50000

Answer: Ram lent Rs 50000 to Mohan.