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A man lent Rs. 60,000, partly at 5% and ...

A man lent Rs. 60,000, partly at 5% and the rest at 4% simple interest. If the total annual interest is Rs. 2560, the money lent at 4% was

A

Rs. 40000

B

Rs. 44000

C

Rs. 30000

D

Rs. 45000

Text Solution

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The correct Answer is:
B
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