Q148
A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is:
A.
5 : 8
B.
8 : 5
C.
16 : 15
AnswerD.
31 : 6
Answer: Option C
Solution
Answer: Option C
Solution:
Let the sum lent at 5% be Rs. x and that lent 8% be Rs. (1550 - x).Then,