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Study Stuff for MCA Examinations - NIMCET
Study Stuff for MCA Examinations - NIMCET
Previous Year Question (PYQs)
Sitaram, a money lender lent a part of Rs. $200000$ to Shyam at simple interest $6%$ p.a. and the remaining to Sushil at $10%$ p.a. at simple interest.
Sitaram earned an annual interest income of Rs. $18000$.
How much money did Shyam borrow?
Solution
From previous calculation,
Amount lent at $6%$ = Rs. $50000$
Shyam borrowed at $6%$.
Therefore,
Shyam borrowed Rs. $50000$
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