Time value of money

1.Mr. A invested ` x in an organisation, it amounts to ` 150 at 5% p.a. S.I. and to ` 100 at 3% p.a. S.I. Then the value of x is (a) ` 70 (b) ` 40 (c) ` 25 (d) None of these 2. Mrs. Sudha lent ` 4,000 in such a way that some amount to Mr. A at 3% p.a. S.I. and rest amount to B at 5% p.a. S.I., the annual interest from both is ` 144, Find the amount Lent to Mr. A?

CHANCHAL Gaur

CA Inter

★ 115

11-Oct-23 17:35

581