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Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.
  • a)
    Rs 500, Rs 700
  • b)
    Rs 400, Rs 800
  • c)
    Rs 800, Rs 300
  • d)
    Rs 1100, Rs 1100
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
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Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simp...
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Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simp...
Given:
- Uday gave Rs 1200 on loan.
- Some amount he gave at 4% per annum on simple interest and the remaining at 5% per annum on simple interest.
- After 2 years, he got Rs 110 as interest.

To find:
The amounts given at 4% and 5% per annum simple interest.

Solution:
Let's assume Uday gave Rs x at 4% per annum simple interest and (1200 - x) at 5% per annum simple interest.

Calculation:

Given that the total interest received after 2 years is Rs 110.

The interest obtained from the amount given at 4% per annum is (x * 4 * 2) / 100 = 8x / 100.

The interest obtained from the amount given at 5% per annum is ((1200 - x) * 5 * 2) / 100 = (1200 - x) / 10.

According to the given information, the total interest received is Rs 110.

Therefore, 8x / 100 + (1200 - x) / 10 = 110.

Simplifying the equation, we get:

8x + 12(1200 - x) = 1100.

8x + 14400 - 12x = 1100.

-4x = 1100 - 14400.

-4x = -13300.

x = (-13300) / (-4).

x = 3325.

Therefore, the amount given at 4% per annum is Rs 3325, and the amount given at 5% per annum is (1200 - 3325) = Rs 8675.

Answer:
The amounts given at 4% and 5% per annum simple interest are Rs 3325 and Rs 8675, respectively.
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Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.a)Rs 500, Rs 700b)Rs 400, Rs 800c)Rs 800, Rs 300d)Rs 1100, Rs 1100e)None of theseCorrect answer is option 'A'. Can you explain this answer?
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Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.a)Rs 500, Rs 700b)Rs 400, Rs 800c)Rs 800, Rs 300d)Rs 1100, Rs 1100e)None of theseCorrect answer is option 'A'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.a)Rs 500, Rs 700b)Rs 400, Rs 800c)Rs 800, Rs 300d)Rs 1100, Rs 1100e)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Uday gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.a)Rs 500, Rs 700b)Rs 400, Rs 800c)Rs 800, Rs 300d)Rs 1100, Rs 1100e)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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