Q: Althaf borrows Rs. 1500 from two moneylenders. He pays interest at – McqOptions

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1.	Q: Althaf borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12% ?
A.	Rs. 300
B.	Rs. 400
C.	Rs. 1200
D.	Rs. 1100
Answer» D. Rs. 1100

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