A part of amount of Rs. 7000 was lent at 6 percent per annum and remaining was lent at 4 %
per annum. If the total interest on both in 5 years was Rs. 1600, calculate the sum of Rs. lent
at 6% per annum
1) Rs. 2000 2) Rs. 3000 3) Rs. 1500 4) Rs. 2500
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Answer:
2000 for 6 % per annum for five years and 5000 for 4% per annum for five years
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