1.

A person on retirement gets Rs. 3,20,000 from his gratuity and P.F. He wants to invest this amount in Post Office and Bank in such a way that he earns a total interest of Rs. 27,600 every year. If the annual rate of interest in Post Office and Bank be respectively 9% and 8%, What are the amounts invested in Post Office and Bank respectively ?

A. Rs. 200000, Rs. 120000
B. Rs. 180000 and Rs. 140000
C. Rs. 185000, Rs. 135000
D. None of these
Answer» B. Rs. 180000 and Rs. 140000


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