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Aptitude · Q63

Interest

Competitive Exams · Aptitude · question 63

Q63

Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case ?

A.
Rs. 1700
B.
Rs. 1800
C.
Rs. 1900
D.
Rs. 2000
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Let the amount invested = Rs. P
According to the questions,


Alternate
Total interest percent

Hence required principal
= Rs. 2000