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  • Question
  • A sum of Rs. 10,000 is lent partly at 6% and the remaining at 10% p.a. If the yearly interest on the average is 9.2%, the money lent at 10% is:-


  • Options
  • A. Rs. 8000
  • B. Rs. 8500
  • C. Rs. 5000
  • D. Rs. 2000

  • Correct Answer
  • Rs. 8000 

    Explanation

    Let the amount at 6% be x
    Amount at 10% be (10000 ?x)
    At 9.2 % interest, SI = 10000 X 9.2 X 1/100 = 920
    Amount = 10920
    ? 6x/100 + (10000 ? x)10/100 = 920
    ? 6x ? 10x + 100000 = 92000
    ? 4x = 8000
    ? x = 2000
    Money lent at 10 % = 10000 ? 2000 = 8000

  • Tags: Bank Exams

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    • Options
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    • Options
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    • Options
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    • Options
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