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Vijay took part of Rs. 10,000 loan at 4% and the rest at 6%. If he pay

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Vijay took part of Rs. 10,000 loan at 4% and the rest at 6%. If he pay  [#permalink]

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Vijay took part of Rs. 10,000 loan at 4% and the rest at 6%. If he pays a total interest of Rs. 900 in two years, find the amount taken on loan at 4%. The interest rate charged by the bank is Simple Interest.

1. Rs 8000
2. Rs 7500
3. Rs 7000
4. Rs 6000
5. Rs 5000
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Vijay took part of Rs. 10,000 loan at 4% and the rest at 6%. If he pay   [#permalink] 17 Jul 2019, 04:08
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Vijay took part of Rs. 10,000 loan at 4% and the rest at 6%. If he pay

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