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    Question

    Lala has lent Rs. 30,000 to Murali and Bansi at 7% p.a.

    and at 11% per annum respectively. At the end of the year, he has gained an overall interest at the rate of 8%. Find the amount he has lent  to Bansi?
    A Rs. 6,000 Correct Answer Incorrect Answer
    B Rs. 7,500 Correct Answer Incorrect Answer
    C Rs. 6,300 Correct Answer Incorrect Answer
    D Rs. 10,000 Correct Answer Incorrect Answer

    Solution

    Using allegation method, 4 units = 30,000 Bansi = 30000/4 = Rs. 7,500

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