Discussion :: Simple Interest
- 4000 was divided into two parts such a way that when first part was invested at 3% and the second at 5%, the whole annual interest from both the investments is Rs.144, how much was put at 3%?
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Answer : Option C
Explanation :
(x*3*1)/100 + [(4000 - x)*5*1]/100 = 144
3x/100 + 200 “ 5x/100 = 144
2x/100 = 56 ¨ x = 2800
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