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A person on retirement gets Rs. 3,20,000...

A person on retirement gets Rs. 3,20,000 from his gratuity and P.F. He wants to invest this amount in Post Office and Bank in such a way that he earns a total interest of Rs. 27,600 every year. If the annual rate of interest in Post Office and Bank be respectively 9 % and 8 %, What are the amounts invested in Post Office and Bank respectively ?

A

Rs. 200000, Rs. 120000

B

Rs. 18000 , Rs. 140000

C

Rs. 185000 , Rs. 135000

D

None of these

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The correct Answer is:
A
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