Question

A man lends one of his prize money of Rs 20,000 to four persons. If he gets an interest of 12% on Rs 6000 from the first person, 8% for another R 6000, 4% on Rs 4000, what rate must he get on the remaining part to make his average annual interest 16%?

a) 28

b) 46

c) 36

d) 42 ​

Answer 1

Answer:

a)28

b)46

c)36

d)42

Step-by-step explanation: