Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Simple Interest

Question:

A sum of ₹50,000 is lent partly at 4% and remaining at 5% per annum. If the yearly simple interest on the average is 4.6%, the two parts are:

Options:

₹22500, ₹27500

₹15000, ₹35000

₹20000, ₹30000

₹25000, ₹25000

Correct Answer:

₹20000, ₹30000

Explanation:

* By using alligation method:

i) 5% - 4.6% = 0.4%

ii) 4.6% - 4% = 0.6%

Now, according to question,

( 3 + 2 )R = 50,000

5R = 50,000

1R = 10,000

So, 1st part = 3 x 10,000 = 30,000

2nd part = 2 x 10,000 = 20,000

Answer :-  (C) ₹20000, ₹30000