CAT Practice : Averages, Ratios, Mixtures

When we mix two mixtures in a particular ratio, we get a third mixture. Given the third mixture how does one find the ratio in which they were mixed.

Alligation

    Q.29: Ram borrows Rs 4000 on simple interest from Shyam for a period of 4 years. He borrows a portion of amount at 2% interest and the remaining at 5%. If the interest Shyam earns is Rs 480, How much money did Ram borrow t 2% interest rate?

 

  • Correct Answer
    Choice A.

Detailed Solution

Interest earned per year = Rs = Rs 120
Therefore, % earned per year = = 3%

So, amount invested in 2% =

Correct Answer:



Our Online Course, Now on Google Playstore!

2IIM's App

Fully Functional Course on Mobile

All features of the online course, including the classes, discussion board, quizes and more, on a mobile platform.


Cache Content for Offline Viewing

Download videos onto your mobile so you can learn on the fly, even when the network gets choppy!

Get it on Google Play
Visit Piverb.com
Visit Wizako.com