A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is:

No worries! We‘ve got your back. Try BYJU‘S free classes today!

7 1/8%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

10%

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
10%

Suggest Corrections

Similar questions

X lent Rs. 6000 to Y for 3 years and Rs 4000 to Z for 5 years on simple interest at the same rate of interest and received Rs 3200 in all from both of them as interest. The rate of interest per annum is

Q. A man lent

R S . 600

to B for

2

years and

R s . 150

to C for

4

years and received altogether from both

R s . 90

as interest. Find the rate of interest.

Q. Raju lent Rs. 400 to Ajay for 2 years, and Rs. 100 to Manoj for 4 years and received together from both Rs. 60 as interest. Find the rate of interest, simple interest being calculated.

Q. Raju lent Rs. 400 to Rakesh for 2 years and Rs. 100 to Rohan for 4 years and received from both Rs. 60 as collective interest. Find the rate of simple interest being calculated.

Q. The difference between compound interest and simple interest at the same rate on Rs.5000 for 2 years is Rs.72 What is the rate of interest per annum ?

Join BYJU'S Learning Program

A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is:

The correct option is D 10%

The correct option is D
10%