A man borrowed 16000 from two persons. He paid 6% interest to one and 10% per annum to the other. In one year he paid total interest 1120. How much did he borrow at each rate?

A man borrowed 16000 from two persons. He paid 6% interest to one an

1.	A man borrowed 16000 from two persons. He paid 6% interest to one and 10% per annum to the other. In one year he paid total interest 1120. How much did he borrow at each rate?
A.	10000 ; 6000
B.	12000 ; 4000
C.	11000 ; 5000
D.	12500 ; 3500
Answer» C. 11000 ; 5000

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A man borrowed 16000 from two persons. He paid 6% interest to one and 10% per annum to the other. In one year he paid total interest 1120. How much did he borrow at each rate?

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