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Manoj borrowed Rs.3450 from Anwar at 6% p.a. simple interest for three years. He then added some more money to the borrowed sum and lent it…

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Manoj borrowed Rs.3450 from Anwar at 6% p.a. simple interest for three years. He then added some more money to the borrowed sum and lent it to Ramu for the same time at 9% p.a. simple interest. If Man

ARs.3,870
BRs.5,355
CRs.3,855
DRs.3600

Correct answer: B

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Discussion 1

CCommunity11 Jul 2021

Rs.5,355

Let the sum lent by Manoj to Ramu be Rs.P.
Amount gained by Manoj = P. 3.9 /100 = 3450.3.6/100 = Rs.824.85
27P = 62100 = 82485
P = (82485 + 62100)/27 = 3055 + 2300 = Rs.5355