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Discussion

Rs.2500 is divided into two parts such that if one part be put out at 5% simple interest and the other at 6%, the yearly annual income may be Rs.140. How much was lent at 5%?

  • A.Rs.1500
  • B.Rs.1300
  • C.Rs.1200
  • D.Rs.1000

Answer: D

(x*5*1)/100 + [(2500 - x)*6*1]/100 = 140

X = 1000

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