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Question
A lends Rs. 2500 to B and a certain to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is?
Options:
A .  Rs. 700
B .  Rs. 1500
C .  Rs. 4000
D .  Rs. 6500
Answer: Option B


Let the sum lent to C be Rs. x. Then,(2500 * 7 * 4) / 100 + (x * 7 * 4) / 100 = 11207/25 x = (1120 - 700) => x = 1500



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