Subbarao was approached by two neighbour for loan. He had 2540, a part of which he lent to one person at 12% interest per annum and the other part was lent to the second person at 12.5%. At the end of a year, Subbarao received 311.60 as interest on the total loan . Calculate the amount of money of money lent by him at 12% interest . ?

Subbarao was approached by two neighbour for loan. He had 2540, a pa

1.	Subbarao was approached by two neighbour for loan. He had 2540, a part of which he lent to one person at 12% interest per annum and the other part was lent to the second person at 12.5%. At the end of a year, Subbarao received 311.60 as interest on the total loan . Calculate the amount of money of money lent by him at 12% interest . ?
A.	1360
B.	1340
C.	1240
D.	1180
Answer» E.

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