Question

Some amount out of Rs. 12000 was lent out at 10% per

Q: Answer-Some amount out of Rs. 12000 was lent out at 10% per annum and the rest amount @ 16% per annum and t...

let x be the amount at 10 p.a. So 12000 - x will be invested on 16 p.a. So x10510012000-x165100 7200 Or 50x 960000 80 x 720000 Or 30x 240000 so x 24000030 8000 Alternative method Overall rate of interest 12000R5100 7200 R 12 So by allegation, Money lent 10 23 12000 Rs.8000

annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amount collected was Rs. 7200. What is the amount which was lent out at 10% per annum?

A Rs.4000

B Rs.9000

C Rs.8000

D Rs.5000