A man had 16,000, part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was 700 in one year, the money lent at 4% per annum was

A man had 16,000, part of which he lent at 4% and the rest at 5% per

1.	A man had 16,000, part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was 700 in one year, the money lent at 4% per annum was
A.	12,000
B.	8,000
C.	10,000
D.	6,000
Answer» D. 6,000

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A man had 16,000, part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was 700 in one year, the money lent at 4% per annum was

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