Simple Interest Practice Test 3

Question : 10 of 40

Marks: +1, -0

A lends Rs. 2500 to B and certain sum to C at the same time at 7% p.a. simple interest. If after four years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is:

Rs. 6500
Rs. 4000
Rs. 1500
Rs. 700

Validate

Solution:

Let A lends to C Rs. x; then

{2500×7×4}/100+{x×7×4}/100=1120

⇒{7x}/25=1120-700

⇒x=1500

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