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7th Class Mathematics Comparing Quantities Question Bank Comparing Quantities

  • question_answer
    A milkman borrowed Rs.2500 from two money lenders. For one loan, he paid 5% p.a. and for the other, he paid 7% p.a. The total interest paid after two years was Rs.275. Calculate the money he borrowed at 7% interest.

    A)  Rs.1875               

    B)         Rs.1000

    C)  Rs.625                   

    D)         Rs.1200

    Correct Answer: C

    Solution :

       Total S.I \[=Rs.\,\,275\] Let x be the sum borrowed at 7% rate. So, \[\frac{(2500-x)\times 5\times 2}{100}+\frac{x\times 7\times 2}{100}=275\] \[\Rightarrow \]  \[x=Rs.\,\,625\]


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