A) Rs. 12000
B) Rs. 8000
C) Rs. 10000
D) Rs. 6000
Correct Answer: C
Solution :
Let the sum lent at 4% = Rs. x \[\therefore \]Amount at 5% = Rs. \[(16000-x)\] According to the question, \[\frac{x\times 4\times 1}{100}+\frac{(16000-x)\times 5\times 1}{100}=700\] \[\Rightarrow \] \[4x+80000-5x=70000\] \[\Rightarrow \] \[x=800000-70000\] = Rs. 10000You need to login to perform this action.
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