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Question

SIMPLE INTEREST :

 

Kiran lent out an amount of Rs.20000 into two parts, one at 15% p.a. and the remaining at 10% p.a. both on simple interest. At the end of the year he received Rs.2500 as total interest. What was the amount he lent out at 10% p.a.?

  • Rs.1500
  • Rs.2500
  • Rs.1000
  • Rs.2000
  • None of these
Answer- C

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