Question:A sum of Rs. `1550` is lent out into two parts, one at `8%`and another one at `6%`.If the total annual income is Rs.`106`, the money lent at `8%` is ;
A `Rs. 650`
B `Rs.720`
C `Rs. 840`
D `Rs. 900`
/61
+ Answer
A
+ ExplanationLet the money lent at `8%` be Rs. x. Then,
`(x xx 8 xx 1)/100 + (1550 - x) xx 6 xx 1)/100 = 106`
`or 2x + 9300 = 10600`
`or x = 650`