A man lent a part of money at 10% p.a. and the rest at 15% p.a. his annual income is Rs.1900 . If he had interchanged the rate of interest on two sums , he would have earned Rs.200 more . Find the amount lent in each case.
Please answer with the Explaination
Answer :
Let , Man lent a part of money at 10% p.a. = x
And
Man lent a part of money at 15% p.a. = y
So,
From first condition ,we get
And also given : If he had interchanged the rate of interest on two sums , he would have earned Rs.200 more . So
Now we multiply by 3 in equation 1 and multiply by 2 in equation 2 , we get
6x + 9y = 114000 ----- ( 4 )
And
4y + 6x = 84000 ----- ( 5 )
Now we subtract equation 5 from equation 4 and get
5y = 30000
y = 6000 , Substitute that value in equation ( 1 ) and get
2x + 3 ( 6000 ) = 38000
2x + 18000 = 38000
2x = 20000
x = 10000
So,
Man lent a part of money at 10% p.a. = Rs. 10, 000
And
Man lent a part of money at 15% p.a. = Rs. 6,000 ( Ans )
Let , Man lent a part of money at 10% p.a. = x
And
Man lent a part of money at 15% p.a. = y
So,
From first condition ,we get
And also given : If he had interchanged the rate of interest on two sums , he would have earned Rs.200 more . So
Now we multiply by 3 in equation 1 and multiply by 2 in equation 2 , we get
6x + 9y = 114000 ----- ( 4 )
And
4y + 6x = 84000 ----- ( 5 )
Now we subtract equation 5 from equation 4 and get
5y = 30000
y = 6000 , Substitute that value in equation ( 1 ) and get
2x + 3 ( 6000 ) = 38000
2x + 18000 = 38000
2x = 20000
x = 10000
So,
Man lent a part of money at 10% p.a. = Rs. 10, 000
And
Man lent a part of money at 15% p.a. = Rs. 6,000 ( Ans )