Several sums lent at simple interest with a known total: find the missing amount, rate or time
This type of question, asked 3 times: CDS 1 2019, CDS 1 2022, CDS 1 2026. All 3 questions below, oldest first.
Try each one first, then open its answer.
Question 1
CDS 1 2019
20lent Rs. 25000 to and at the same time lent some amount to at same 7% simple interest. After 4 years received Rs. 11200 as interest from and . How much did lend to ?Tap an option to check your answer.
Question 2
CDS 1 2022
33A person borrowed Rs. 9,000 at 7%, Rs. 12,000 at 8% and Rs. 15,000 at 9% simple interest per annum. He had to pay Rs. 50,700 at the end of years. What is the value of ?Tap an option to check your answer.
Question 3 (case study, 2 parts)
CDS 1 2026
For the next two (02) items that follow : A person borrows a sum of Rs. 16,000 on simple interest at the beginning of a year. After 4 months, Rs. 24,000 more is borrowed at a rate of interest double the previous one. At the end of the year, the total interest on both the loans is Rs. 4800.89What is the initial rate of interest per annum ?Tap an option to check your answer.
90What is the ratio of the interest on the first loan to the interest on the second loan ?Tap an option to check your answer.