Home
Class 7
MATHS
Ramu borrowed Rs35000 from Somu. A part ...

Ramu borrowed Rs35000 from Somu. A part of the sum is borrowed at 10% per annum under simple interest for 4 years and the remaining part at 11% per annum under simple interest for `(4)1/2` years. If the total interest earned by Somu is Rs15900, then find the sum borrowed at each rate.

Text Solution

Verified by Experts

Let the sum borrowed by Ramu at 10% per annum be Rs. X. Then, the sum borrowed at 11% per annum =Rs. (35000-x)
Now, simple interest on the sum Rs.`X=(x xx 4xx10)/(100)`
Simple interest on the sum
`Rs. (35000-x)=((3500-x)xx(9)/(2)xx11)/(100)`
Given, the total interest earned = Rs. 15900
`therefore (40x)/(100)+((3500-x)xx(9)/(2)xx11)/(100)=15900`
`(80x+99(35000-x))/(200)=15900`
`implies 19x=99xx35000-15900xx200`
`implies x=(1000xx15(231-212))/(19)implies x =15000`
Hence, the sum borrowed at 10% per annum = Rs. 15000 and the sum borrowed at 11% per annum = Rs. 20000.
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise Very Short Answer Type Questions|30 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    PEARSON IIT JEE FOUNDATION|Exercise Short Answer Type Questions|15 Videos
  • Set theory

    PEARSON IIT JEE FOUNDATION|Exercise ASSESSMENT TEST Test 2|12 Videos
  • STATISTICS

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION (LEVEL 3)|11 Videos

Similar Questions

Explore conceptually related problems

Ramu borrowed Rs35000from Somu.A part of the sum is borrowed at 10% per annum under simple interest for 4years and the remaining part at 11% per annum under simple interest for (4) (1)/(2) years.If the total interest earned by Somu is Rs15900,then find the sum borrowed at each rate.

Raju borrowed Rs 15,000 from Mahesh at the rate of 15% per annum under simple interest for 3 years. Raju lent some part of money at 20% per annum at simple interest for 3 years and the remaining part at 12% per annum at simple interest for 3 years. If the interest received payable, then find the sum he lent at 20% simple interest?

A sum amounts to Rs. 3600 at 2% per annum under simple interest and Rs. 4800 at 4% per annum under simple interest. The time taken is ___.

A certain sum becomes Rs. 2400 in 10 years at the rate of 2% per annum under simple interest. Find the sum.