Practicing Success
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? |
2200 3800 5200 4800 |
3800 |
SI collected from B + C = 1760 C x 5% x 4 + 5000 x 5% x 4 = 1760 C x 20% = 760 C = 3800 |