A man has Rs. 10,000. He lent a part of it at 15% simple interest and…

Question

A man has Rs. 10,000. He lent a part of it at 15% simple interest and the remaining at 10% simple interest. The total Interest he received after 5 years amount to Rs. 6,500. The difference between the parts of the amoun…

Accepted Answer

Option A. Rs. 2,000. Answer & Solution Answer: Option A Solution: & Given, & Principal = Rs . 10,000 & Some part of money lent at 15\% & Some part of it lent at 10\% & Total interest earned = Rs . 6,500 & Time = 5 years & Formula\, used: & Interest = Principal × Rate × Time100 & Calculation: & Let t…

A man has Rs. 10,000. He lent a part of it at 15% simple interest and the remaining at 10% simple interest. The total Interest he received after 5 years amount to Rs. 6,500. The difference between the parts of the amounts he lent is:

Solution