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  • Question
  • Reena had ? 10000 with her, out of this money she lent some money to Akshay for 2 yr at 15% simple interest. She lent remaining money to Brijesh for an equal number of years at the rate of 18%. After 2 yr Reena found that Akshay had given her 360 more as interest as compared to Brijesh. The amount of money which Reena had lent to Brijesh must be


  • Options
  • A. ? 4000
  • B. ? 2500
  • C. ? 3500
  • D. ? 4200

  • Correct Answer
  • ? 4000 

    Explanation

    Let the money lent to Akshay = ? P
    Then, money lent to Brijesh = ? (10000 - P) [as total amount = ? 10000]
    SI for Akshay = (P x 15 x 2)/100 = 3P/10
    SI for Brijesh = {(10000 - P) x 18 x 2}/100 = 9/25 (10000 - P)

    According to the given condition, (3P/10) - [(9/25) x ( 10000 - P ) = 360
    [as SI (Akshay) - SI (Brijesh) = 360]

    ? (3P/10) - 3600 + 9P/25 = 360
    ? 3P/10 + 9P/25 = 360 + 3600 = 3960
    ? 33P/50 = 3960
    ? P = 3960 x 50/33
    ? P = 6000

    ? The amount of money lent to Brijesh
    = 10000 - 6000 ? 4000


  • More questions

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    • Options
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    • B. 6
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    • Discuss
    • 2. 
      A wheel makes 1000 revolutions in covering a distance of 88 km. the diameter of the wheel is?

    • Options
    • A. 24 meters
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    • 3. 25, 36, 49, 81, 121, 169, 225

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    • Options
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    • 6. 
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