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+2 votes

Refer to the following pie-chart

If, on an average, 20% rate of interest was charged on borrowed funds, then the total borrowed funds used by this company in the given two years amounted to:

- 221 lakh
- 195 lakh
- 368 lakh
- 515 lakh

+1 vote

Best answer

Interest is $30\%$ in $90-91$ which is $= 30\% \times 130$ lakh

$= 39\hspace{0.1cm} lakh$

Interest is $40\%$ in $91-92$ which si $= 40\% \times 160$ lakh

$= 64 \hspace{0.1cm}lakh$

∴ Total interest given in $2$ years $(90-91$ & $91-92)$ = $(39+64)$ lakh = $103 \hspace{0.1cm} lakh$

On an average, $20\%$ rate of interest was charged on borrowed funds

$∴ \hspace{0.1cm} 20\% \text{ of borrowed fund = 103 lakh}$

$\text{∴ Total amount of borrowed fund in 90-91 & 91-92 =} $ $\dfrac{100}{20} \times 103$ lakh

$ \color{green}{= 515\hspace{0.1cm} lakh}$

$= 39\hspace{0.1cm} lakh$

Interest is $40\%$ in $91-92$ which si $= 40\% \times 160$ lakh

$= 64 \hspace{0.1cm}lakh$

∴ Total interest given in $2$ years $(90-91$ & $91-92)$ = $(39+64)$ lakh = $103 \hspace{0.1cm} lakh$

On an average, $20\%$ rate of interest was charged on borrowed funds

$∴ \hspace{0.1cm} 20\% \text{ of borrowed fund = 103 lakh}$

$\text{∴ Total amount of borrowed fund in 90-91 & 91-92 =} $ $\dfrac{100}{20} \times 103$ lakh

$ \color{green}{= 515\hspace{0.1cm} lakh}$

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