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  1. Some amount out of Rs. 7000 was lent at 6 % p.a. and the remaining at 4 % p. a. If the total simple interest from both the fractions in 5 years was Rs. 1600, the sum lent at 6 % p. a. was —
    1. Rs. 2000
    2. Rs. 5000
    3. Rs. 3500
    4. None of these
Correct Option: A

According to question ,

Average annual rate =
1600
×
1000
%
70005

Average annual rate =
32
%
7
∴ (Amount at 6%) : (Amount at 4%) =
4
:
10
= 2 : 5
77

∴ Sum lent at 6% = Rs.700 ×
2
7

Hence, Sum lent at 6% = Rs. 2000.



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