A sum of Rs. 4000 is lent in two parts — one at 5% and another at 8% simple interest. If total interest after 1 year is Rs. 260, how much was lent at 5%?
✓ Correct Answer: Option A
Let x at 5%. (4000-x) at 8%. 0.05x+0.08(4000-x)=260. 0.05x+320-0.08x=260. -0.03x=-60. x=2000.
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This 2-level Mathematics question from the Quantitative Reasoning topic is part of One Paper Preparation's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.
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