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CUET · MATHS · PYQ PAPER 2023

Sudhir had Rs 45,000. He lent a part of it at 4% p.a. and the remaining at 10% p.a. simple interest. He earned a total profit at 8% p.a. on the money lent, what sum did he lend at 10% p.a ?

  1. A Rs 15,000
  2. B Rs 20,000
  3. C Rs 22,500
  4. D Rs 30,000
Verified Solution

Answer & Solution

Correct Answer

(D) Rs 30,000

Step-by-step Solution

Detailed explanation

Let the sum lent at 10% p.a. be \(x\). The sum lent at 4% p.a. is \(45000 - x\). \((45000 - x)\frac{4}{100} + x\frac{10}{100} = 45000\frac{8}{100}\) \(4(45000 - x) + 10x = 8(45000)\) \(180000 - 4x + 10x = 360000\) \(6x = 360000 - 180000\) \(6x = 180000\) \(x = 30000\)
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