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A sum of Rs. 2540 is lent out into two p...

A sum of Rs. 2540 is lent out into two parts. One at `12%` and another one at `12 1/ 2 %`. If the total annual income is Rs. 311.60, the money lent at 12% is-

A

1180

B

1360

C

1240

D

1340

Text Solution

Verified by Experts

The correct Answer is:
A
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