Sum of Rs 2000 is lent at 3% and 1400 is lent at 5% per annum at Simple interest rate for certain duration. At the end of duration interest generated was 520. Find the number of years for which the sum were lent?

  1. 3 years 
  2. 4 years
  3. 5 years
  4.  data insufficient

See our previous Quant question of the day: Quant Question Of The Day: 241

3 Comments

  1. I find another method if you take one year interest of both the amounts(i.e. 60+70) and then if your overall earnings is 520 simply its 130×4

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