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Q:

A man had ₹ 16,000, part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was 700 in one year, the money lent at 4% per annum was

  • 1
    ₹12,000
  • 2
    ₹ 8,000
  • 3
    ₹ 10,000
  • 4
    ₹ 6,000
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Answer : 3. "₹ 10,000 "
Explanation :

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