MBA
Exam
Numerical Ability
Averages
Using Alligations :Ravi lends Rs.3600 on S.I to Harsh for a period of 5 years.He lends a part of the amount at 4%interest and the rest at 6% and receives Rs.960 as the amount of interest.How much money did he lend on 4% interest rate? 1) 2800 2) 2100 3) 2400 4) 1200 5) 1000
Read Solution (Total 1)
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- let x be the amount at 4% and 3600-x at 6%
now (x*5*4/100 ) + ((3600-x)*5*6/100) = 960
so x= 1200 - 9 years agoHelpfull: Yes(0) No(0)
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