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IPMAT Indore 2024 PYQsShort Answers (Quants). Free, no login required.

Person A borrows Rs. 4000 from another person B for a duration of 4 years. He borrows a portion of it at 3% simple interest per annum, while the rest at 4% simple interest per annum. If B gets Rs. 520 as total interest, then the amount A borrowed at 3% per annum in Rs. is:

Entered answer:

Solution

Correct Answer: 3000
Solution figure for IPMAT Indore 2024 SA question 5 (Arithmetic)

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