A sum of Rs. 2000 is lent out into two parts, one at 6% and another one at 4%. If the total income is Rs. 120, find the money lent at each rate.

Options
- Rs. 2000
- Rs. 1500
- Rs. 3000
- Rs. 1700

CORRECT ANSWER : Rs. 2000

Discussion Board
sol of above problem

It means all money given at 6% ROI

UNKNOWN 01-24-2023 06:08 AM

electrical engineering

let sum for 6% rate is x,
so for 4% rate it will be 2000-x
now the equation will be like,
(x*6*t/100)+(2000-x)*4*t/100=120
2xt+8000t=12000
take t=1(as it is not mentioned in the question)
so we get x=(12000-8000)/2
=2000

SUMAN KUMAR 06-9-2021 10:33 PM

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