Three school students Ved, Mallika and Juhi bagged the First Prize in a model making competition based on Artificial Intelligence. The prize money of Rs. 18000 was distributed equally among them by the Principal.
Ved spends 40% of his prize money. He spends the money in the following ratio: Clothes : Books: Music CDs = 10/2 / 3
Mallika invests her Rs 6000 for 1 year at a rate 4% per year simple interest Mallika recieves at the end of the first year
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