Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Railways Exam > Railways Questions > Miss Agna lend an amount of Rs. 20,000 divide...

Join the Discussion on the App

Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?

a)
Rs. 12580
b)
Rs. 12000
c)
Rs. 21700
d)
Rs. 14500

Correct answer is option 'B'. Can you explain this answer?

FREE This question is part of

RRB NTPC Mock Test - 11 (English)

Attempt Test

Attempt this Test

Verified Answer

Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A...

Let the amount lend to A be Rs. α = principal amount for A

Amount lend to B = Rs. (20000 – α) = principal amount for B

We know that, Simple interest = (Principal × Rate × Time)/100

Simple interest for A = (α × 12 × 2)/100 = 0.24α

Simple interest for B = [(20000 – α) × 6 × 2]/100 = 2400 – 0.12α

Total interest = simple interest for A + simple interest for B

⇒ 3840 = 0.24α + 2400 – 0.12α

⇒ 0.12α = 3840 – 2400

⇒ α = 1440/0.12 = Rs. 12,000

∴ Amount lend to A = Rs. 12,000

View all questions of this test

Most Upvoted Answer

Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A...

12000Rs

Answered by Vertex Academy · View profile

Attention Railways Students!

To make sure you are not studying endlessly, EduRev has designed Railways study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Railways.

RRB JE for Computer Science Engineering

RRB JE for Civil Engineering

RRB JE for Electrical Engineering

RRB JE Mock Test Series for Mechanical Engineering (ME) 2025

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for Railways exam

Similar Railways Doubts

Mr. kalia invested a total amount of Rs. 16500 for two years in two schemes A and B with rate of simple interest 10% per annum and 12% per annum, respectively. If the total amount of interest earned was Rs.3620, what was amount invested in scheme A?

View answer

Mr. kalia invested a total amount of Rs. 16500 for two years in two schemes A and B with rate of simple interest 10% per annum and 12% per annum, respectively. If the total amount of interest earned was Rs.3620, what was amount invested in scheme A?

View answer

Nidhi borrowed Rs. 10000 from a bank for a period of two years at the rate of 10% per annum. From that amount, she invested Rs. 3500 in another bank which offers simple interest @12.5% per annum and remaining amount she invested into a chit fund which offers compound interest of 10% per annum. What is the profit obtained by Nidhi at the end of two years?

View answer

Nidhi borrowed Rs. 10000 from a bank for two years at the rate of 10% per annum. From that amount, she invested Rs. 3500 in another bank which offers simple interest @12.5% per annum, and the remaining amount she invested into a chit fund which offers compound interest of 10% per annum. What is the profit obtained by Nidhi at the end of two years?

View answer

Nidhi borrowed Rs 10000 from a bank for a period of two years at the rate of 10% per annum. From that amount, she invested Rs 3500 in another bank which offers simple interest @12.5% per annum and the remaining amount she invested into a chit fund which offers compound interest of 10% per annum. What is the profit obtained by Nidhi at the end of two years ?

View answer

Top Courses for RailwaysView all

RRB JE for Computer Science Engineering

RRB JE for Civil Engineering

RRB JE for Electrical Engineering

RRB JE Mock Test Series for Mechanical Engineering (ME) 2025

RRB JE for Electronics & Communication Engineering

Top Courses for Railways

View all

Share with a Friend

Answer this doubt

Question Description
Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer?.

Solutions for Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Railways. Download more important topics, notes, lectures and mock test series for Railways Exam by signing up for free.

Here you can find the meaning of Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Miss Agna lend an amount of Rs. 20,000 divided amongst two borrowers A and B at simple interest rate of 12% and 6% per annum respectively. If the total amount of simple interest earned in 2 years be Rs. 3840, how much amount was lend to A?a)Rs. 12580b)Rs. 12000c)Rs. 21700d)Rs. 14500Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Railways tests.

Explore Courses for Railways exam