Home
Class 8
MATHS
Two equal sums of money are lent at t...

Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs 2560. The sum and the time for which the sums of money are lent out are Rs 2000, 3.5 years `xx` 4 years (b) Rs 1500, 3.5 years `xx` 4 years (c) Rs 2000, 4 years `xx` 5.5 years (d) Rs 3000, 4 years `xx` 4.5 years

A

`Rs 1500, 3.5 years and 4 years`

B

` Rs 2000, 3.5 years and 4 years`

C

`Rs 2000, 4 years and 5.5 years`

D

`Rs 3000, 4 years and 4.5 years`

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Topper's Solved these Questions

  • SIMPLE INTEREST

    S CHAND IIT JEE FOUNDATION|Exercise SELF ASSESSMENT SHEET-18|5 Videos
  • RATIO AND PROPORTION

    S CHAND IIT JEE FOUNDATION|Exercise SELF ASSESEMENT SHEET - 15|10 Videos
  • SIMULTANEOUS LINEAR EQUATIONS

    S CHAND IIT JEE FOUNDATION|Exercise SELF ASSESSMENT SHEET|10 Videos

Similar Questions

Explore conceptually related problems

2 equal sum of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 2560. What is the sum?

A sum of money amounts to Rs. 1500 in 5 years at 10% per annum at simple interest. Find the sum.

Two equal sums of money are lent to A and B for 3 years at 4% and 6% simple interest respectively.If B paid Rs.468 more than A find the sum lent to both

A person lent a certain sum of money at 12% per annum simple interst. In 5 years, the interest received was Rs. 250 less than the sum lent. Find the sum letn. (in Rs.)