$A$ sum of ₹ $1,550$ is lent out in two parts,one at $8 \%$ and another at $6 \%$. If the total annual income is ₹ $106$,find the money lent at each rate.

  • A
    ₹ $600, 950$
  • B
    ₹ $650, 900$
  • C
    ₹ $700, 850$
  • D
    ₹ $550, 1,000$

Explore More

Similar Questions

An automobile financier claims to be lending money at simple interest,but he includes the interest every six months for calculating the principal. If he is charging an interest of $10 \%$ per annum,the effective rate of interest becomes (in $\%$):

$A$ sum of $Rs. 2540$ is lent out in two parts,one at $12 \%$ and the other at $12.5 \%$. If the total annual return on the total money invested is $Rs. 312.42$,find the money (in $Rs.$) lent at $12 \% \text{ p.a.}$

Arun lends ₹ $20,000$ to two of his friends. He gives ₹ $12,000$ to the first at $8 \%$ p.a. simple interest. Arun wants to make a profit of $10 \%$ on the whole. The simple interest rate $\%$ at which he should lend the remaining sum of money to the second friend is

Difficult
View Solution

$A$ sum of money doubles itself in $8$ years. In how many years will it treble?

$A$ person invests $Rs. 2,00,000$ at $12 \%$ $p.a.$ for $1$ $year$. If he invests $Rs. 500$ more,he is eligible for $13 \%$ $p.a.$ interest. How much more interest (in $Rs.$) would he receive if he accepted the second option?

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo