MCQOPTIONS
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| 1. |
Two equal sums were lent, one at the rate of 11% per annum for five years and the other at the rate of 8% per annum for six years, both under simple interest. If the difference in interest accrued in the two cases is Rs 1008. Find the sum? |
| A. | Rs. 14,400 |
| B. | Rs. 15,600 |
| C. | Rs. 14,850 |
| D. | Rs. 15,220 |
| Answer» B. Rs. 15,600 | |