Home
Class 14
MATHS
A lent Rs. 600 to B for 2 years and Rs. ...

A lent Rs. 600 to B for 2 years and Rs. 150 to C for 4 years and received altogether from bothRs. 90 as simple interest. The rate of interest is-

A

`4%`

B

`5%`

C

`10%`

D

`12%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to calculate the rate of interest using the simple interest formula. Let's break down the solution step by step. ### Step 1: Understand the Simple Interest Formula The formula for Simple Interest (SI) is given by: \[ SI = \frac{P \times R \times T}{100} \] where: - \(SI\) = Simple Interest - \(P\) = Principal amount - \(R\) = Rate of interest per annum - \(T\) = Time in years ### Step 2: Calculate Simple Interest from B For B, the principal amount is Rs. 600, the time is 2 years, and we need to find the interest: \[ SI_B = \frac{600 \times R \times 2}{100} = \frac{1200R}{100} = 12R \] ### Step 3: Calculate Simple Interest from C For C, the principal amount is Rs. 150, the time is 4 years, and we need to find the interest: \[ SI_C = \frac{150 \times R \times 4}{100} = \frac{600R}{100} = 6R \] ### Step 4: Total Simple Interest According to the problem, the total simple interest received from both B and C is Rs. 90: \[ SI_B + SI_C = 90 \] Substituting the values we calculated: \[ 12R + 6R = 90 \] \[ 18R = 90 \] ### Step 5: Solve for R Now, we can solve for \(R\): \[ R = \frac{90}{18} = 5 \] ### Conclusion The rate of interest is \(5\%\). ---
Promotional Banner

Topper's Solved these Questions

  • SERIES

    UPKAR PUBLICATION |Exercise QUESTION BANK|50 Videos
  • SIMPLIFICATION

    UPKAR PUBLICATION |Exercise QUESTION BANK|68 Videos

Similar Questions

Explore conceptually related problems

Akul lent ₹ 6000 to Bakul for 2 years and ₹ 1500 to camlin for 4 years and received altogether from both ₹ 900 as simple interest. The rate of interest is :

David lent Rs 600 to Robin for 2 years and Rs 150 to Martha for 4 years and received altogether from both Rs 90. Find the rate per cent ?

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 person deposited Rs 400 for 2 years, Rs 550 for 4 years and Rs 1200 for 6 years. He received the total simple interest of Rs 1020. The rate of interest per annum is (a) 5% (b) 10% (c) 15% (d) 20%

A lent Rs 5000 to B for 2 years and Rs 3000 to C for 4 years on simple interest at the same rate of interest and received Rs 2200 in all from both of them as interest. The rate of interest per annum is (a) 5% (b) 7% (c) 7 1/8% (d) 10%

A person deposited Rs. 500 for 4 years and Rs, 600 for 3 years at the same rate of simple interest in a bank. Altogether he received Rs. 190 as interest. The rate of simple interest per annum was :

UPKAR PUBLICATION -SIMPLE INTEREST -QUESTION BANK
  1. A sum of money at simple interest amount to Rs. 1260 in 2 yr and Rs. ...

    Text Solution

    |

  2. A sum of money put at simple interest trebles itself in 15 years. The ...

    Text Solution

    |

  3. A lent Rs. 600 to B for 2 years and Rs. 150 to C for 4 years and recei...

    Text Solution

    |

  4. At the certain rate of simple interest, a certain sum doubles itself i...

    Text Solution

    |

  5. A sum of money at simple interest amounts to Rs. 2240 in 2 years and R...

    Text Solution

    |

  6. A sum of Rs 800 amounts to Rs 920 in 3 years at simple interest. If...

    Text Solution

    |

  7. The simple interest on a sum of money at 8% per annum for 6 years i...

    Text Solution

    |

  8. If the interest on Rs. 1200 be more than the interest on Rs. 1000 by R...

    Text Solution

    |

  9. The simple interest on a sum of money will be Rs. 600 after 10 years. ...

    Text Solution

    |

  10. A man lends 10,000 in four parts. If he gets 8% on 2000,7(1)/(2)% on ...

    Text Solution

    |

  11. In how many years will a sum of money double itself at 12% per annum? ...

    Text Solution

    |

  12. A sum was put at simple interest at a certain rate for 2 years. Had it...

    Text Solution

    |

  13. The simple interest at x% for x years will be Rs. x on a sum of:

    Text Solution

    |

  14. A sum of money becomes (8/5) of itself in 5 years at a certain rate of...

    Text Solution

    |

  15. The rate of interest on a sum of money is 4% per annum for the first 2...

    Text Solution

    |

  16. The difference between the simple interest received from two different...

    Text Solution

    |

  17. At r% per annum a sum doubles after 20 years . The rate of interest pe...

    Text Solution

    |

  18. What annual payment will discharge a debt of Rs. 580 in 5 years, the r...

    Text Solution

    |

  19. A sum of money at simple interest amounts to Rs.1,012 in 21/2 years an...

    Text Solution

    |

  20. Two equal sums of money are deposited in two banks at the rate of 15% ...

    Text Solution

    |