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Saumya borrowed Rs. 15000 at the rate o...

Saumya borrowed Rs. 15000 at the rate of 12% p.a., for two years and another amount at the rate of 15% p.a for two years. The total interest paid by her was Rs. 9000. Find the amount she borrowed at 15% pa.

A

Rs. 31000

B

Rs. 33000

C

Rs. 28000

D

Rs. 18000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the same approach as in the video transcript. ### Step-by-Step Solution: 1. **Identify the Given Information:** - Amount borrowed at 12% p.a. = Rs. 15,000 - Rate of interest for the first amount = 12% p.a. - Time period for both loans = 2 years - Total interest paid = Rs. 9,000 - Let the amount borrowed at 15% p.a. be Rs. X. 2. **Calculate the Interest for the First Amount:** - Use the formula for simple interest: \[ I = \frac{P \times R \times T}{100} \] - For the first amount (Rs. 15,000): \[ I_1 = \frac{15000 \times 12 \times 2}{100} \] - Calculate: \[ I_1 = \frac{15000 \times 24}{100} = \frac{360000}{100} = 3600 \] - So, the interest for the first amount (I1) is Rs. 3,600. 3. **Calculate the Interest for the Second Amount:** - For the second amount (Rs. X) at 15% p.a.: \[ I_2 = \frac{X \times 15 \times 2}{100} \] - Simplifying: \[ I_2 = \frac{30X}{100} = \frac{3X}{10} \] 4. **Set Up the Equation for Total Interest:** - According to the problem, the total interest paid is Rs. 9,000: \[ I_1 + I_2 = 9000 \] - Substitute the values of I1 and I2: \[ 3600 + \frac{3X}{10} = 9000 \] 5. **Solve for X:** - Rearrange the equation: \[ \frac{3X}{10} = 9000 - 3600 \] - Calculate the right side: \[ \frac{3X}{10} = 5400 \] - Multiply both sides by 10: \[ 3X = 54000 \] - Divide by 3: \[ X = \frac{54000}{3} = 18000 \] 6. **Conclusion:** - The amount borrowed at 15% p.a. is Rs. 18,000. ### Final Answer: The amount Saumya borrowed at 15% p.a. is Rs. 18,000.
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