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
B Rs.3300
C Rs.2200
D Rs.3440
E none of these
Practice Next

More Simple and compound interest Questions

Hey! Ask a query