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A sum of Rs. 3100 is lent out at simple ...

A sum of Rs. 3100 is lent out at simple interest in two parts one at 8 % per annum and another at 6 % per annum. If the total annual interest is Rs. 212. what is the money (in Rs). Lent at the rate of 8 % ?

A

1000

B

1250

C

1300

D

1400

Text Solution

Verified by Experts

The correct Answer is:
C
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