A merchant lent out ₹20000 in two parts, one at 8% and other at 10% interest. The yearly average comes out to be 9.2%. Which of the following are correct ?
(A) Amount lent at 10% is ₹12000.
(B) Amount lent at 8% is ₹12000.
(C) Amount lent at 10% is ₹8000.
(D) Amount lent at 8% is ₹8000.
Choose the correct answer from the options given below:
A merchant lent out ₹20000 in two parts, one at 8% and other at 10% interest. The yearly average comes out to be 9.2%. Which of the following are correct ?
(A) Amount lent at 10% is ₹12000.
(B) Amount lent at 8% is ₹12000.
(C) Amount lent at 10% is ₹8000.
(D) Amount lent at 8% is ₹8000.
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 3
Let ₹ be lent at . Then , giving and .
So ₹8000 is lent at and ₹12000 at , making (A) and (D) correct.
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