Seema borrows Rs 2500 from two moneylenders She pays interest at the rate of 12 per annum for one lo...........

Quantitative Aptitude ( CCS) Simple Interest

Seema borrows Rs. 2500 from two moneylenders. She pays interest at the rate of 12% per annum for one loan and at the rate of 15% per annum for the other. The total interest she pays for the entire year is Rs. 354. How much does she borrow at the rate of 15%.

Rs1600

Rs1550

Rs1800

Rs2150

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Explanation:

Use allegation mixture
(2500*12*1)/100=300
(2500*15*1)/100=375
Then 300 (12%)……………… 375(15%)
. …………… 354 (both)
…… 21 …………….. 54==>7:18
……(7+18) 25 …………………………. 2500
……… 18 ………………. ?=> Rs1800.

Hence, option 3 is the correct answer.

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