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CUET UG 2022 Applied Mathematics

Sitaram, a money lender lent a part of Rs. $200000$ to Shyam at simple interest $6%$ p.a. and the remaining to Sushil at $10%$ p.a. at simple interest.
Sitaram earned an annual interest income of Rs. $18000$.

How much money did Shyam borrow?

Solution

From previous calculation,

Amount lent at $6%$ = Rs. $50000$

Shyam borrowed at $6%$.

Therefore,

Shyam borrowed Rs. $50000$

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