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Rashmi lent X 600 to Geeta for 2 yr and ...

Rashmi lent X 600 to Geeta for 2 yr and ? 150 to Seeta for 4 yr and received altogether X 80 as simple interest from both. Find the rate of interest.

A

`3(4)/(9)`

B

`2(4)/(9)`

C

`5(4)/(9)`

D

`4(4)/(9)`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the process of calculating the simple interest for both Geeta and Seeta, and then find the rate of interest. ### Step 1: Calculate the Simple Interest for Geeta The formula for Simple Interest (SI) is: \[ SI = \frac{P \times R \times T}{100} \] Where: - \(P\) = Principal amount - \(R\) = Rate of interest - \(T\) = Time in years For Geeta: - Principal \(P = 600\) - Time \(T = 2\) years So, the Simple Interest for Geeta is: \[ SI_{Geeta} = \frac{600 \times R \times 2}{100} = \frac{1200R}{100} = 12R \] ### Step 2: Calculate the Simple Interest for Seeta For Seeta: - Principal \(P = 150\) - Time \(T = 4\) years So, the Simple Interest for Seeta is: \[ SI_{Seeta} = \frac{150 \times R \times 4}{100} = \frac{600R}{100} = 6R \] ### Step 3: Calculate the Total Simple Interest According to the problem, the total Simple Interest received from both Geeta and Seeta is \(80\): \[ SI_{Total} = SI_{Geeta} + SI_{Seeta} = 12R + 6R = 18R \] Setting this equal to the total interest received: \[ 18R = 80 \] ### Step 4: Solve for the Rate of Interest \(R\) To find \(R\), we can rearrange the equation: \[ R = \frac{80}{18} = \frac{40}{9} \] ### Step 5: Convert to Percentage To express \(R\) as a percentage: \[ R = \frac{40}{9} \approx 4.44\% \] ### Final Answer The rate of interest is approximately \(4 \frac{4}{9}\%\). ---
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ARIHANT SSC-SIMPLE INTEREST-(EXERCISE-C)(BASE LEVEL QUESTION)
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  2. For a certain sum, the simple interest in 2 yr at 8% per annum is 110...

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  4. A sum was invested for 4 yr at a certain rate of simple interest. If i...

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  9. Raju lent X 400 to Ajay for 2 yr and X 100 to Manoj for 4 yr and recei...

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  10. 2/3 part of my sum is lent out at 3%, 1/6 part is lent out at 6% and r...

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  11. A sum of X 1521 is lent out in two parts in such a way that the intere...

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  12. Rashmi lent X 600 to Geeta for 2 yr and ? 150 to Seeta for 4 yr and re...

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  13. A person makes a fixed deposit of Rs.20000 in Bank of India for 3 year...

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  14. The simple interest on a sum of money is 1/16 of the principal and the...

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  15. The simple interest on X 4000 in 3 yr at the rate of x% per annum equa...

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  16. The simple interest on a sum of money is 1/144 of the principal and th...

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  18. What annual payment will discharge a debt of X 1696 in 4 yr at 4% per ...

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  19. What annual payment will discharge a debt of X 1092 due in 2 yr at 12%...

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