Question

A sum of Rs 6000 is invested partly at 8% p.a. and partly at 12% p.a., both at simple interest. The total interest after 2 years is Rs 1040. How much was invested at 12% p.a.?

A 800
B 1000
C 1250
D 1500
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)