A lends Rs 2500 to B and a certain sum to C at the same time at 7 p a simple interest If after 4 yea...........

Quantitative Aptitude ( CCS) Simple Interest

A lends Rs.2500 to B and a certain sum to C at the same time at 7% p.a. simple interest. If after 4 years. A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is

Rs. 700

Rs.1500

Rs. 4,000

Rs. 6500

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Explanation:

Let the sum lent to C be x
According to the question,
$=> \frac{2500\times 7\times 4}{100}+\frac{x\times 7\times 4}{100}=1120$
$=>2500\times 28 + 28x = 112000$
$=> 2500 + x = 4000$
$=> x = 4000-2500 = 1500$