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A sum of Rs. 7,930 is divided into three parts and given on loan at 5% simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then A received a loanof
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- Rs. 3,050
- Rs. 2,760
- Rs. 2,750
- Rs. 2,800
- Rs. 3,050
Correct Option: B
Let the loans taken by A, B and C be Rs. p, Rs. q and Rs. r respectively.
∴ p + q + r = Rs. 7930
We can find the required answer with the help of given formula ,
S.I = | |
100 |
According to the question,
p + | = q + | = r + | |||
100 | 100 | 100 |
⇒ | = | = | |||
100 | 100 | 100 |
⇒ 110p = 115q = 120r
⇒ 22p = 23q = 24r
⇒ | = | = | |||
6072 | 6072 | 6072 |
[LCM of 22, 23 and 24 = 6072]
⇒ | = | = | |||
276 | 264 | 253 |
∴ p : q : r = 276 : 264 : 253
Sum of terms of ratio = 276 + 264 + 253 = 793
∴ A’s loan = | × 7930 = Rs. 2760 | |
793 |