A man lends Rs 10000 in four parts. If he gets 8% on Rs 2000, 7.5% on Rs 4000 and 8.5% on Rs 1400. If the average interest is 8.13% then what percentage must he got for the remainder money ?
Total money=M=10,000 M1+M2+M3+M4=M 2000+4000+1400+M4=10000 M4=2600
(M1*R1)+(M2*R2)+(M3*R3)=(M4*R4)=M*R (2000*8%)+(4000*7.50%)+(1400*8.50%)+(2600*R4%)=10000*8.13% 160+300+119+(2600*R4%)=813 (2600*R4%)=234 R4%=234/2600 R4=9
Ans is 9%
If difference between simple interest and compound interest of certain sum of money for 3 years at 7.5% per annum is Rs 138.375 then what is the sum?