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A sum of Rs.4000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is Rs.352. The sum lent at 8% is


A) Rs.2900

B) Rs.2200

C) Rs.2400

D) Rs.3100

Correct Answer:
C) Rs.2400

Description for Correct answer:
Average interest rate is=\( \Large \frac{352}{4000} \times 100 \)

=8.8 \%

1st \\\\ 2nd

8 \%\\\\\\10 \%

88 \%

1.2\\\\\\ 08

3\\\\\\\\\\2

\( \Large \left(3+2\right) \rightarrow4000 \)

\( \Large 5 \rightarrow 4000 \)

\( \Large 1 \rightarrow 800 \)

\( \Large 3 \rightarrow 800 \times 3= Rs. 2400 \)

Part of solved Simple and compound interest questions and answers : >> Aptitude >> Simple and compound interest




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