wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Rahul borrowed Rs. 830 from Mr. Lal at 12% p.a. S.I. for 3 years. He then added some more money to the borrowed sum and lent it to Shobha for the same period at 14% p.a. rate of interest. If Rahul gains Rs. 93.90 in the whole transaction, how much money did he add from his side?

A
Rs. 35
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Rs. 55
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Rs. 80
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Rs. 105
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D Rs. 105
(830+x)×14×3100830×12×3100=93.90

or 830×42+42x830×36=9390

42x=93904980

x=441042=105

Money added=Rs.105

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Simple Interest
OTHER
Watch in App
Join BYJU'S Learning Program
CrossIcon