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A lends ₹2500 to B and a certain sum to C at the same time at 7% per annum simple interest . If,after 4 years , A altogether receives ₹1120 as interest from B and C , find the sum lent to C Expert Answer
Interest from B = pnR/100 = 2500×4×(7/100) = Rs. 700

Hence Interest from C = Rs. 1120 - Rs. 700 = Rs. 420

pnR/100 = p×4×(7/100) = 420

hence p = 420×100 / (7×4) = Rs. 1500

hence Sum lent to C = Rs. 1500
Answered by Thiyagarajan K | 29 Nov, 2018, 01:53: AM

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