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A man lent Rs. 25000 for

A man lent Rs. 25000 for one year under compound interest, to five persons. He lent Rs.5500 at 5% p.a. to the first person, Rs 4000 at 13/2 % p.a. to the second person, Rs.3500 at 11/2% p.a to the third person and Rs.7000 at 17/2% p.a. to the fourth person. At what rate of interest should he lend the remaining amount so that he gets an interest at 8% p.a. on the entire amount?

  • Option 1)

    13.85%

  • Option 2)

    12.75%

  • Option 3)

    13.55%

  • Option 4)

    14.05%

  • Option 5)

    12.25%

Answers (1)
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A Ankit

Total amount 25000

A+B+C+D=5500+4000+3500+7000=20000

25000-20000=5000

CI=5400

REMAINING=5400-5000=400

5000/400=12.25%ans.

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