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Rs. 6000 is lent out in two parts. One part is lent at 7% p.a simple interest and the other is lent at 10% p.a simple interest. The total interest at the end of one year was Rs. 450. Find the ratio of
- A5 : 1
- B4 : 1
- C3 : 2
- D2 : 1
Correct answer: A
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CCommunity
5 : 1
Let the amount lent at 7% be Rs. x
Amount lent at 10% is Rs. (6000 - x)
Total interest for one year on the two sums lent
= 7/100 x + 10/100 (6000 - x) = 600 - 3x/100
=> 600 - 3/100 x = 450 => x = 5000
Amount lent at 10% = 1000
Required ratio = 5000 : 1000 = 5 : 1
Let the amount lent at 7% be Rs. x
Amount lent at 10% is Rs. (6000 - x)
Total interest for one year on the two sums lent
= 7/100 x + 10/100 (6000 - x) = 600 - 3x/100
=> 600 - 3/100 x = 450 => x = 5000
Amount lent at 10% = 1000
Required ratio = 5000 : 1000 = 5 : 1