Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

A lends ₹5000 to B and at the same time a certain sum to C at the rate of 5% per annum simple interest. If the simple interest is collected ₹1760 after 4 years from B and C then find the sum lent to C?

Options:

2200

3800

5200

4800

Correct Answer:

3800

Explanation:

SI collected from B + C = 1760

C x 5% x 4 + 5000 x 5% x 4 = 1760

C x 20% = 760

C = 3800