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Rs 19400 is divided into two parts. Firs...

Rs 19400 is divided into two parts. First part is lent out at 8% per annum for 5 years and the other part is lent out at 4% per annum for 9 years. If the ratio of simple interest received on two part is `3:7` . Find the amount of second part.

A

Rs 5400

B

Rs 14000

C

Rs 9700

D

None of these

Text Solution

Verified by Experts

The correct Answer is:
Rs. 18900
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