Question:
I derive an annual income of Rs. 688.25 from Rs. 10,000 invested partly at 8% p.a. and partly at 5% p.a. simple interest. How much of my money is invested at 5%?
I derive an annual income of Rs. 688.25 from Rs. 10,000 invested partly at 8% p.a. and partly at 5% p.a. simple interest. How much of my money is invested at 5%?
Updated On: Sep 27, 2024
- Rs. 3,725
- Rs. 4,225
- Rs. 4,800
- Rs. 5,000
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The Correct Option is A
Solution and Explanation
The correct option is (A): Rs. 3,725
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