New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Ankita borrowed some money from Suman at 11% p.a. simple

    interest for 2 years. After 2 years, she returned the amount to Suman and again borrowed 2/3rd of the amount she had borrowed from Suman, from Arjun at 9% p.a. simple interest for 4 years. If the total money borrowed by Ankita is Rs. 35,000, find the money repaid by her to Suman and Arjun.
    A Rs.45875 Correct Answer Incorrect Answer
    B Rs.44560 Correct Answer Incorrect Answer
    C Rs.32750 Correct Answer Incorrect Answer
    D Rs.22500 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the amount borrowed by Ankita from Suman be Rs. ‘x’. So, the amount borrowed by Ankita from Arjun = Rs. (2x/3)

    Money to be repaid to Suman = 21000+(21000×0.11×2) = Rs.25520 Money to be repaid to Arjun:

    14000+14000×0.36 = Rs.19040 Total amount to be repaid by Ankita = 25520+19040 = Rs.44560

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