# A man borrows some money at 3% S.I. per annum and lends it to somebody at 5% interest compounded annually.By this, he makes a profit of Rs 541 in 3 years.How much did he borrow?

$\begin{array}{l}\text{Given,}\\ \text{Borrow SI at}=3\%\ per\ annum\ \ \text{and lend Compounded at}=5\%\ \\ \text{Profit in 3 year=5}41\ Rs\\ \text{Let principal amount is}\ A\\ \text{Profit=}A\left(1+\frac{5}{100}\right)^3-A\left(1+\frac{3\times3}{100}\right)\\ 541=A\left(0.068\right)\\ \Rightarrow A=7955.9\ Rs\\ \text{So, He borrowed 7955.9 Rs.}\end{array}$

## Most Viewed Questions

### Preparation Products

##### Knockout JEE Main April 2021 (One Month)

Personalized AI Tutor and Adaptive Time Table, Self Study Material, Weekend Live Classes, Mentorship from our Experts, Unlimited Mock Tests and Personalized Analysis Reports, 24x7 Doubt Chat Support,.

₹ 14000/- ₹ 4999/-
##### Knockout NEET Aug 2021 (One Month)

Personalized AI Tutor and Adaptive Time Table, Self Study Material, Weekend Live Classes, Mentorship from our Experts, Unlimited Mock Tests and Personalized Analysis Reports, 24x7 Doubt Chat Support,.

₹ 14000/- ₹ 4999/-
##### Knockout JEE Main May 2021

Personalized AI Tutor and Adaptive Time Table, Self Study Material, Weekend Live Classes, Mentorship from our Experts, Unlimited Mock Tests and Personalized Analysis Reports, 24x7 Doubt Chat Support,.

₹ 22999/- ₹ 9999/-
##### Knockout NEET Aug 2021

Personalized AI Tutor and Adaptive Time Table, Self Study Material, Weekend Live Classes, Mentorship from our Experts, Unlimited Mock Tests and Personalized Analysis Reports, 24x7 Doubt Chat Support,.

₹ 22999/- ₹ 9999/-