CAT Exam

27. Rohan lends 1000 in four parts. If he gets 8% interest on 2000, 7 1/2% on 4000 and 8 1/2% on 1400 what percent of interest must he get for the remainder if his average annual interest is 8.13%?

Read Solution (Total 1)

soln: 10,000 divide in 4 parts
8% of 2000=160
71/2% of 4000=300
81/2% of 1400=119
total sum=160+300+119=579
8.13% of 10000=813
so, 813-579=234 remaining amount
10000-(2000+4000+1400)=2600
ans: 2600/100*x=234
x=9%
11 years agoHelpfull: Yes(0) No(0)

CAT Other Question

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