2. A person had Rs.12000/- with him. He invested 1/3rd at a certain rate and the rest at a rate 4%
higher. If the total interest received for 2 years is Rs 1360, what is the rate at which the 2nd amount has
been invested?
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Answer:
The 2nd amoun(1/3 = 4000) has been invested for 18% rate.
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