Quant Question Of The Day: 242
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?
- 3 years
- 4 years
- 5 years
- data insufficient
See our previous Quant question of the day: Quant Question Of The Day: 241
nice qustions….thanku
in ques u have provided 700
ans is 1400
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