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A sum of Rs. 4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is Rs. 352, the sum lent at 8% is
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- Rs. 2900
- Rs. 2200
- Rs. 2400
- Rs. 3100
- Rs. 2900
Correct Option: C
Let Principal lent at 8% S.I. = Rs. p.
∴ Principal lent at 10% S.I. = Rs. (4000 – p)
We know that ,
S.I = | |
100 |
From the question ,
∴ | + | = 352 | ||
100 | 100 |
⇒ 8p + 40000 – 10p = 35200
⇒ 2p = 40000 – 35200 = 4800
⇒ p = | = Rs. 2400 | |
2 |