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1. |
Out of 50,000, that a man has, he lends 8000 at 51% per annum simple interest2 and Rs. 24,000 at 6 % per annum simple interest. He lends the remaining money at a certain rate of interest so that he gets total annual interest of 3680. The rate of interest per annum, at which the remaining money is lent, is |
A. | 5% |
B. | 7% |
C. | 10% |
D. | 12% |
Answer» D. 12% | |