Question

Some amount out of Rs. 15000 was lent out at 10% per

Q: Some amount out of Rs. 15000 was lent out at 10% per annum and the rest amount @ 16% per annum and t

Letxbetheamountat10paSo15000xwillbeinvestedin16paSox10410015000x1641006000Or40x96000064x600000Or24x360000sox3600002415000

annum and the rest amount @ 16% per annum and thus in 4 years the total interest from both the amount collected was Rs. 6000. What is the amount which was lent out at 10% per annum?

A 12000

B 14000

C 15000

D 16000

Practice Next

More Simple and compound interest Questions

Statement: The Ministry of Civil Aviation has proposed amendments to the Civil Aviation Requirements to establish a National No-Fly List and quantify...
Statement : With all earlier attempts to prevent waste and debris dumping into lakes and catch the culprits having failed, the City Corporation has no...
Statement: Indian Culture is getting forgotten and the country is losing its rich heritage.

Assumptions:

I. Westernization has affec...
Consider the following statements:

Assertion (A): During the winter season, a glass breaks when hot water it poured into it.

Reason (R)...
A statement is given followed by two courses of actions I and II. You have to assume everything in the statement to be true, then decide which of the su...
In the question below, a passage is given followed by a statement. You have to identify which assumption the argument in the passage is based upon.

Relevant for Exams:

SSC MTS

Question

Some amount out of Rs. 15000 was lent out at 10% per

Solution

Relevant for Exams:

Download the app