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Manish borrowed a sum of 1150 from Anil ...

Manish borrowed a sum of 1150 from Anil at the simple rate of 6% per annum for 3 years. He then added some more money to the borrowed sum of lent it to Sunil for the same time at 9% per annum at simple interest. If Manish gains 274.95 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sunil?

A

A)Rs. 1290

B

B)Rs. 1785

C

C)Rs. 1285

D

D)Rs. 1200

Text Solution

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The correct Answer is:
B
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