Difficulty: Medium
Correct Answer: ₹2,400
Explanation:
Introduction:
This question tests splitting a total principal into two parts with different simple interest rates such that the combined yearly interest is known. Because the time is 1 year, interest from each part is simply rate% of that part. This becomes a simple linear equation in the unknown split amount. The numbers are designed so the equation solves cleanly.
Given Data / Assumptions:
Concept / Approach:
Let x be the amount lent at 8%. Then (4000 - x) is lent at 10%. Compute interest from each part for 1 year, add them, and set equal to 352. Solve for x.
Step-by-Step Solution:
Let x = amount at 8%
Amount at 10% = 4000 - x
Interest from 8% part (1 year) = (x * 8) / 100 = 0.08x
Interest from 10% part (1 year) = ((4000 - x) * 10) / 100 = 0.10(4000 - x)
Total interest: 0.08x + 0.10(4000 - x) = 352
0.08x + 400 - 0.10x = 352
-0.02x = -48
x = 2400
Verification / Alternative check:
If x=2400, interest at 8% is 192. Remaining 1600 at 10% gives 160. Total interest = 192+160 = 352, matching exactly.
Why Other Options Are Wrong:
Each incorrect split changes the weighted interest mix. For example, higher x reduces the 10% portion too much and total interest falls below 352, while lower x increases 10% portion too much and total interest exceeds 352.
Common Pitfalls:
Forgetting time is 1 year (so no need for t), mixing up which part is at 8% vs 10%, or adding rates directly instead of using a weighted sum.
Final Answer:
The amount lent at 8% per annum is ₹2,400.
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