Question
Jeevan borrowed an amount of Rs. 'x' from a bank. Out of
this, he lent 25% of the borrowed amount to Jeshu at a simple interest rate of 20% per annum for 2 years. The remaining amount was lent to Jigar at a compound interest rate of 33.33% per annum, compounded annually, for 2 years. The difference between the interest earned from Jigar and Jeshu is Rs. 17,400. Calculate the value of 'x'.Solution
Let the amount borrowed by Jeevan be Rs. '300a' So, amount given to Jeshu = 300a X 0.25 = Rs. '75a' Amount given to Jigar = 300 x 0.75a = Rs. '225a' Interest paid by Jeshu = 75a X 2 X 0.20 = Rs. '30a' CI = P (1 + R/100)t - P Interest paid by Jigar = 225a X (4/3)Â 2Â - 225a = Rs. '175a' ATQ, (175a - 30a) = 17400 Or, 145a = 17400 So, 'a' = 120 Amount borrowed by Jeevan = Rs. '120a' = 120 x 300 = Rs. 36,000
Who sits extreme left end of the row?
Who among the following person sits third to the left of the one who likes Yellow Colour?
How many persons are facing away from the center?
Who among the following person likes Pineapple in the circular arrangement?
Six students (L, M, N, O, P and Q) sit in a linear row facing south in a classroom but not necessarily in the same order. One person sits between L and...
Which of the following combination is correct?
Seven persons G, H, I, J, K, L and M sit in a straight row facing north direction. I sits third to the left of G. H sits adjacent to G. J sits second to...
Who is sitting second to the right of V?
Six persons D, E, F, G, H, and I sit in a linear row facing north direction but not necessarily in the same order. Two persons sit between F and H. H si...
Four of the following five are alike in a certain way based on their seating positions in the above arrangement and so from a group. Who among the follo...