Question

I derive an annual income of Rs. 688.25 from Rs. 10,000 invested partly at 8% p.a. and partly at 5% p.a. simple interest. How much of my money is invested at 5%?

• A. Rs. 3,725
• B. Rs. 4,225
• C. Rs. 4,800
• D. Rs. 5,000

Answer 1

Answer: (A)

Rs. 3,725

Answer 2

The correct option is (A): Rs. 3,725