A sum of ₹ 16800 is divided into two parts. O | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(A) Let the sum lent at $6 \%$ rate of interest be $₹ x$.Then,the sum lent at $8 \%$ rate of interest is $₹(16800 - x)$.The total simple interest earn

Vedclass · Accepted Answer

$12200$

Vedclass · Answer

(A) Let the sum lent at $6 \%$ rate of interest be $₹ x$.Then,the sum lent at $8 \%$ rate of interest is $₹(16800 - x)$.The total simple interest earned is $SI = 19000 - 16800 = ₹ 2200$.Using the simple interest formula $SI = \frac{P 	imes R 	imes T}{100}$,we have:$\frac{x 	imes 6 	imes 2}{100} + \frac{(16800 - x) 	imes 8 	imes 2}{100} = 2200$$12x + 16(16800 - x) = 220000$$12x + 268800 - 16x = 220000$$-4x = 220000 - 268800$$-4x = -48800$$x = \frac{48800}{4} = 12200$.Therefore,the sum lent at $6 \%$ interest is ₹ $12200$.

$A$ sum of ₹ $16800$ is divided into two parts. One part is lent at a simple interest rate of $6 \%$ per annum and the other at $8 \%$ per annum. After $2$ years,the total amount received is ₹ $19000$. The sum lent at the rate of $6 \%$ simple interest (in ₹) is:

Similar Questions

Mrs. Sushma lent out an amount of $Rs. 3000$ at $4 \%$ p.a. and some other amount at $5 \%$ p.a. If at the end of the year she received $Rs. 138$ as total interest,what amount (in $Rs.$) did she lend out at $5 \%$ p.a.?

Mr. Irani borrowed a sum of ₹ $10000$ from a finance company for $6$ years at $8 \%$ per annum. The amount (in ₹) returned by Mr. Irani to the finance company is:

Nutan invests $Rs. 22400$ at a Simple Interest $(S.I.)$ rate of $12$ $p.c.p.a.$ How much amount will she receive after $7$ years (in $Rs.$)?

$A$ certain sum of money amounts to ₹ $918$ in $2$ $years$ and ₹ $969$ in $3.5$ $years$ at simple interest. What is the rate of interest (in $\%$ $p.a.$)?

$A$ sum of money put at simple interest trebles itself in $15$ years. The rate per cent per annum is (in $\%$):

Vedclass Test Series

Exam Paper Generator

Online Exam Module