A man invested a total of ₹12000 in two parts. He put ₹7000 at 5% per annum and the rest at 8% per annum, both for 1 year. Find his total simple interest for the year.
Class 7Simple InterestComparing Quantities
A1500
B675
C825
D750
Step-by-Step Solution
Second part = 12000 − 7000 = ₹5000. S.I.= (7000×5×1)/100+(5000×8×1)/100=350+400 = ₹750.
Answer: D) 750
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