Rs. 1.000
Rs. 900
Rs. 800
Rs. 700
Answer is Right!
Answer is Wrong!
The correct answer is (a) Rs. 1,000.
Let $x$ be the amount lent at 6% and $2000-x$ be the amount lent at 7%. The total simple interest after 4 years is then
$$532 = \frac{x \cdot 6 \cdot 4}{100} + \frac{(2000-x) \cdot 7 \cdot 4}{100}$$
Solving for $x$, we get
$$x = \frac{532 \cdot 100}{6 \cdot 4 – 7 \cdot 4} = 1000$$
Therefore, the sum lent at 6% is Rs. 1,000.
Option (b) is incorrect because $900 < 1000$. Option (c) is incorrect because $800 < 1000$. Option (d) is incorrect because $700 < 1000$.