Question 90

A sum of 7,930 is divided into 3 parts and given on loan at 5% simple interest to A, B and C for 2,3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of

Solution

given ,

A+((A×5×2)/100) = B+((B×5×3)/100) = C+((C×5×4)/100)

110A = 115B = 120C

22A = 23B = 24C

Ratio of amount ..........( by using L.C.M. of 22, 23 and 24)
276 : 264 : 253

A's loan = (276)/793×7930 = Rs. 2760

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