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Mohan lens Rs 500 to John and a certain...

Mohan lens Rs 500 to John and a certain sum to Tom at the same time at a simple interest of 8% per annum. If in 4 years, he altogether Rs. 210 from the two, then the sum of from the two, then the sum of money he lent to Tom was

A

Rs 144.75

B

Rs. 148

C

Rs. 156.25

D

Rs 165.50

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will use the formula for simple interest and the information provided in the question. ### Step 1: Identify the known values - Principal lent to John (P1) = Rs 500 - Rate of interest (R) = 8% per annum - Time (T) = 4 years - Total interest received from both John and Tom = Rs 210 ### Step 2: Calculate the interest received from John Using the formula for simple interest: \[ \text{Simple Interest (SI)} = \frac{P \times R \times T}{100} \] For John: \[ SI_1 = \frac{500 \times 8 \times 4}{100} \] Calculating this: \[ SI_1 = \frac{500 \times 32}{100} = \frac{16000}{100} = Rs 160 \] ### Step 3: Set up the equation for Tom Let the principal lent to Tom be Rs \( x \). The interest received from Tom (SI2) can be calculated similarly: \[ SI_2 = \frac{x \times 8 \times 4}{100} = \frac{32x}{100} = 0.32x \] ### Step 4: Write the equation for total interest According to the problem, the total interest from both John and Tom is Rs 210: \[ SI_1 + SI_2 = 210 \] Substituting the values we calculated: \[ 160 + 0.32x = 210 \] ### Step 5: Solve for \( x \) Now, we can solve for \( x \): \[ 0.32x = 210 - 160 \] \[ 0.32x = 50 \] \[ x = \frac{50}{0.32} = 156.25 \] ### Conclusion The sum of money lent to Tom was Rs 156.25. ---
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