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SSC Sample Paper Mock Test-17 SSC CGL Tear-II Paper-1

  • question_answer
    A man had Rs. 16000, part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was Rs. 700 in one year, the money lent at 4% per annum was

    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. 10000


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