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A man borrows a total sum of Rs. 10,000 ...

A man borrows a total sum of Rs. `10,000` from two sources. To one he pays `10% `and to the other` 5%` per annum simple interest. If the total interest paid by him is Rs. 700. How much did he borrow at each rate of interest?

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To solve the problem, we need to find out how much the man borrowed at each interest rate, given that he borrowed a total of Rs. 10,000 and paid a total interest of Rs. 700. ### Step-by-Step Solution: 1. **Define Variables:** Let \( X \) be the amount borrowed at 10% interest, and \( Y \) be the amount borrowed at 5% interest. 2. **Set Up the First Equation:** Since the total amount borrowed is Rs. 10,000, we can write the first equation as: \[ X + Y = 10,000 \quad \text{(Equation 1)} \] 3. **Set Up the Second Equation:** The total interest paid is Rs. 700. The interest from the amount borrowed at 10% for one year is \( \frac{10}{100} \times X = 0.1X \), and the interest from the amount borrowed at 5% for one year is \( \frac{5}{100} \times Y = 0.05Y \). Therefore, we can write the second equation as: \[ 0.1X + 0.05Y = 700 \quad \text{(Equation 2)} \] 4. **Eliminate Decimals in Equation 2:** To eliminate the decimals, we can multiply the entire equation by 100: \[ 10X + 5Y = 70,000 \quad \text{(Equation 3)} \] 5. **Rearrange Equation 1:** From Equation 1, we can express \( Y \) in terms of \( X \): \[ Y = 10,000 - X \quad \text{(Equation 4)} \] 6. **Substitute Equation 4 into Equation 3:** Now, substitute \( Y \) from Equation 4 into Equation 3: \[ 10X + 5(10,000 - X) = 70,000 \] Simplifying this gives: \[ 10X + 50,000 - 5X = 70,000 \] \[ 5X + 50,000 = 70,000 \] \[ 5X = 70,000 - 50,000 \] \[ 5X = 20,000 \] \[ X = \frac{20,000}{5} = 4,000 \] 7. **Find \( Y \):** Now that we have \( X \), we can find \( Y \) using Equation 4: \[ Y = 10,000 - X = 10,000 - 4,000 = 6,000 \] 8. **Conclusion:** Therefore, the man borrowed Rs. 4,000 at 10% interest and Rs. 6,000 at 5% interest. ### Final Answer: - Amount borrowed at 10%: Rs. 4,000 - Amount borrowed at 5%: Rs. 6,000
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