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A sum of ₹6000 is lent partly at 5% and partly at 8% simple interest. If the total interest for one year is ₹408, the sum lent at 8% (in ₹) is:

Competition practiceRatio, Percentage & Commercial Math
  • A2400
  • B3000
  • C3600
  • D4200

Step-by-Step Solution

Let ₹ be lent at 5%. Then → → = ₹2400. So the sum lent at 8% = 6000 − 2400 = ₹3600. (Check: 120 + 288 = ₹408.)
Answer: C) 3600

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