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      Question

      A woman borrows Rs. 80,000 from a bank at 8% per annum.

      She invests Rs. 30,000 of it in a business at 12% per annum and the rest at 10% per annum. Calculate her net profit or loss after one year.
      A Rs.3400 Correct Answer Incorrect Answer
      B Rs.3300 Correct Answer Incorrect Answer
      C Rs.2200 Correct Answer Incorrect Answer
      D Rs.3440 Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      ATQ, For the borrowed amount For the amount invested in business For the remaining amount:- Total return: 33600 + 55000 = 88600 Net profit: Profit = 88600 โˆ’ 86400 = 2200 Therefore, The woman makes a profit of Rs.2200

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