Q57
A sum of Rs. 1550 was lent partly at 5% and partly at 8% simple interest. The total interest received after 3 years is Rs. 300. The ratio of money lent at 5% to that at 8% is = ?
A.
5 : 8
B.
8 : 5
C.
31 : 6
D.
16 : 15
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Let the sum at 8% be Rs. xLet the sum at 5% be 1550 - x
According to the given condition,