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Simple Interest 1
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A sum of Rs. 2000 is lent out into two parts, one at 4% and another one at 8%. If the total annual income is Rs. 100, find the money lent at 4% rate?
Options
- Rs. 1500
- Rs. 1000
- Rs. 500
- Rs. 750
CORRECT ANSWER : Rs. 1500
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