Question

    Sudeep invested 1/8 of a certain sum at 5% p.a. for two years and 3/5 of the sum at 6% p.a. for two years and the remaining at 10% p.a. for two years. If the total interest received is ₹1,674, then the total sum invested is:

    A ₹12,500 Correct Answer Incorrect Answer
    B ₹12,000 Correct Answer Incorrect Answer
    C ₹10,500 Correct Answer Incorrect Answer
    D ₹13,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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