Question

Aman borrowed Rs. 25,000 from his friend at compound interest of 10% p.a., compounding annually. He added Rs. 'Y' to this money and lent the total sum to Rohan at simple interest of 10% p.a. for 3 years. If total profit earned by Aman at the end of 3 years is Rs. 1,130, then find the value of 'Y'.

A 5000
B 6350
C 7000
D 4500
E 8000
Practice Next

Relevant for Exams:

Hey! Ask a query