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Partnership · UPSC CDS/OTA · Question 34 of 81

Partnership: Kiran lends Rs. 1000 on simple interest to Harsh for a period of 5 years. She lends a part of the amount at 2% interest and the rest at 8% and receives Rs. 300 as the amount of interest. How much money (in Rs.) did she lend at a 2% interest rate?

Step-by-step solution. Partnership for UPSC CDS/OTA.

Topic
Partnership
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · PartnershipMedium · 45s

Kiran lends Rs. 1000 on simple interest to Harsh for a period of 5 years. She lends a part of the amount at 2% interest and the rest at 8% and receives Rs. 300 as the amount of interest. How much money (in Rs.) did she lend at a 2% interest rate?

TopicPartnership
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Solution illustration 1
Final Answer: Option B - 666.67
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Kiran lends Rs. 1000 on simple interest to Harsh for a… - Partnership (Mathematics) Solved Question