Mathematics
Medium
Question
Rs. 6000 is lent out in two parts. One part is lent at 7% p.a simple interest and the other is lent at 10% p.a simple interest. The total interest at the end of one year was Rs. 450. Find the ratio of the amounts lent at the lower rate and higher rate of interest?
A
5 : 1
✓ Official correct answer
B
4 : 1
C
3 : 2
D
2 : 1
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A
5 : 1
No member explanations yet for this option.
B
4 : 1
No member explanations yet for this option.
C
3 : 2
No member explanations yet for this option.
D
2 : 1
No member explanations yet for this option.