Ankita takes a loan of Rs. 11,30,500 for 2 years, part of which he manages to get at 5% CI and rest of it only at 6% CI. If the total interest payable on the two parts is the same over the two years, what amount was he able to get as loan at 5%?
A.
Rs. 5, 65,250
B.
Rs. 5, 13,865
C.
Rs. 6, 16,638
D.
Rs. 6, 18,000
E.
Rs. 5, 14,000
Correct Answer : D

Question

Ankita takes a loan of Rs. 11,30,500 for 2 years, part of which he manages to get at 5% CI and rest of it only at 6% CI. If the total interest payable on the two parts is the same over the two years, what amount was he able to get as loan at 5%?

A.
Rs. 5, 65,250
B.
Rs. 5, 13,865
C.
Rs. 6, 16,638
D.
Rs. 6, 18,000
E.
Rs. 5, 14,000

Correct Answer : D

A to Z Exams · Accepted Answer

Rs. 6, 18,000

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