Manish borrowed a sum of Rs.1,150 from Anil at the simple rate of 6%.p.a. for 3 years. He then added some more money to the borrowed sum and lent it to Sunil for the same time at 9% p. a. at simple interest. If Manish gains Rs.274.95 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sunil?

Manish borrowed a sum of Rs.1,150 from Anil at the simple rate of 6%.p

1.	Manish borrowed a sum of Rs.1,150 from Anil at the simple rate of 6%.p.a. for 3 years. He then added some more money to the borrowed sum and lent it to Sunil for the same time at 9% p. a. at simple interest. If Manish gains Rs.274.95 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sunil?
Answer» Manish borrowed a sum of Rs.1,150 from Anil at the simple rate of 6%.p.a. for 3 years. He then added some more money to the borrowed sum and lent it to Sunil for the same time at 9% p. a. at simple interest. If Manish gains Rs.274.95 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sunil?

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