Question

Ramu has lent Rs. 60,000 to Murali and Bansi at 7% p.a. and at 11% per annum respectively. At the end of the year, he has gained an overall interest at the rate of 8%. Find the amount he has lent to Bansi?

A Rs. 45000 Correct Answer Incorrect Answer
B Rs. 15000 Correct Answer Incorrect Answer
C Rs. 13000 Correct Answer Incorrect Answer
D Rs. 10,000 Correct Answer Incorrect Answer
E Rs 25,000 Correct Answer Incorrect Answer

Solution

Using alligation method, 4 units =60,000 Bansi = 60000/4 = Rs. 15000

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