Quantitative Aptitude Ques 157
Question: A man lent Rs. 60000 partly at 5% and the rest at 4% simple interest. If the total annual interest is Rs. 2560, the money lent at 4% was
Options:
A) Rs. 40000
B) Rs. 44000
C) Rs. 30000
D) Rs. 45000
Show Answer
Answer:
Correct Answer: B
Solution:
- Let the amount lent at 4% be Rs. x.
$ \therefore $ Amount lent at 5% $ =Rs.(60000-x) $ According to the question, $ \frac{(60000-x)\times 5\times 1}{100}+\frac{x\times 4\times 1}{100}=2560 $
$ \Rightarrow $ $ 300000-5x+4x=256000 $
$ \Rightarrow $ $ x=300000-256000 $
$ \therefore $ $ x=Rs.,44000 $
BETA
