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A bank lent out ₹ 25,000 in two parts, one at 7% per annum and other at 11% per annum interest. The yearly average comes out to be 9.4%. The amount lent in two parts will be

Solution

✅ Correct Option: 4

By alligation, the ratio of the parts is (11−9.4):(9.4−7)=1.6:2.4=2:3(11-9.4):(9.4-7) = 1.6:2.4 = 2:3.

So the amount at 7% is 25×25000=\dfrac{2}{5}\times 25000 = Rs. 10,000 and the amount at 11% is Rs. 15,000.

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