Multiple Choice Questions on Rs 1500 were divided into two parts One part was put at 6 and the other at 5 interest If the whole a........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Rs 1500 were divided into two parts One part was put at 6 and the other at 5 interest If the whole a...........

Quantitative Aptitude ( CCS) Simple Interest
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    Rs 1500 were divided into two parts. One part was put at 6% and the other at 5% interest. If the whole annual interest from both investments was Rs. 85. How much was lent at 5% ?

    Rs. 800

    Incorrect Answer

    Rs. 1000

    Incorrect Answer

    Rs. 500

    Correct Answer

    Rs. 1500

    Incorrect Answer
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    Explanation:

    (X x 5 x 1) /100 + [(1500 - X) x 6 x 1] /100 = 85

    5X /100 + 90 – 6X /100 = 85

    X /100 = 5

    => X = 500

    Hence, opiton 3 is the correct answer.

    By: Amit Kumar
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