Multiple choice

Tanushree lent Rs. 18,000 to Kundan and Rs. 5500 to Manish for 2 years at a certain rate of interest to pay off her debt of Rs. 24,500 at 19% p.a. The rate charged to Manish was 25% in excess of the rate charged to Kundan. If Tanushree falls short in clearing her debt at the end of 2 years by Rs. 1860, at what rate did Tanushree lend the money to Manish?

  1. 25%

  2. 35%

  3. 45%

  4. 30%

  5. 40%
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B Correct answer

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