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A sum of Rs15,400 was lent in two parts, partly at 9% and the rest at 12% simple interest. The total interest received after three
years is Rs4,914. The ratio of the money lent at 9% to that at 12% is:
5 : 6
4 : 5
6 : 7
5 : 7
To find the ratio of the money lent at 9% to the one at 12%, we need to set up equations using the given information:
- Total amount lent: Rs15,400
- Interest from first part at 9% for 3 years = Principal1 * 9 * 3 / 100
- Interest from second part at 12% for 3 years = Principal2 * 12 * 3 / 100
- Total interest = Rs4,914
Let the money lent at 9% be Rs x.
- Then, money lent at 12% = Rs (15,400 - x)
- Interest from 9% = (x∗9∗3)/100
Let money lent at 12% be Rs (15,400 - x).
- Interest from 12% = (15,400−x)∗12∗3/100
Total interest:
x∗9∗3100+(15,400−x)∗12∗3100=4,914
Solving the equation gives:
27x+554,400−36x=491,400
−9x=−63,000
x=7,000
Money at 9%: Rs 7,000, Money at 12%: Rs 8,400.
- Ratio of 9% to 12% = 7,000 : 8,400 = 5:6
Correct Answer: Option 1 - 5 : 6
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