Prabhat borrowed some money from a bank at 8% p.a simple interest and lended it to Ashish at 12% p.a simple interest. If his profit in 2 years is Rs. 320. What sum of money did he borrow ?

Prabhat borrowed some money from a bank at 8% p.a simple interest and

1.	Prabhat borrowed some money from a bank at 8% p.a simple interest and lended it to Ashish at 12% p.a simple interest. If his profit in 2 years is Rs. 320. What sum of money did he borrow ?
A.	Rs. 2000
B.	Rs. 4000
C.	Rs. 6000
D.	Rs. 3000
Answer» C. Rs. 6000

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Prabhat borrowed some money from a bank at 8% p.a simple interest and lended it to Ashish at 12% p.a simple interest. If his profit in 2 years is Rs. 320. What sum of money did he borrow ?

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