A lent Rs 600 to B for 2 years and Rs 150 to C for 4 years and received all together from both Rs 90...........

Quantitative Aptitude ( CCS) Simple Interest

A lent Rs.600 to B for 2 years and Rs.150 to C for 4 years and received all together from both Rs.90 as simple interest. The total interest is :

Let, rate = x% per annum. Then,
600 × x × 2/100 + 150 × X × 4/100 = 90
or 18x = 90 or x = 5%

Hence, option 2 is the correct answer.

Submit Error