Simple Interest

Quantitative Aptitude (CGL)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

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

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.

By: Amit Kumar

Profile ResourcesReport error

Trial Period Ended