Question:
A money lender lent out Rs 25,000 in two parts, one at 8 and the other at 8.5. If the total annual income on the amount is Rs 2031.25, the money lent at 8 is
A money lender lent out Rs 25,000 in two parts, one at 8 and the other at 8.5. If the total annual income on the amount is Rs 2031.25, the money lent at 8 is
Updated On: Jan 30, 2025
- Rs 12,500
- Rs 6,250
- Rs 10,000
- Rs 18,750
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The Correct Option is D
Solution and Explanation
Let the amount at 8 rate be Rs. then amount at 8.5
rate be (25000−)
According to question
= 2031.253
8212500−8.5= 203125
−0.5 =−9375
= Rs.18750
So the correct option is (D).
rate be (25000−)
According to question
= 2031.253
8212500−8.5= 203125
−0.5 =−9375
= Rs.18750
So the correct option is (D).
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