alleryStart learning →General loans of Rs 40 lakh at 9% and Rs 60 lakh at 11% fund a Rs 50 lakh spend. Capitalise for a year?
ARs 5.00 lakh
BRs 5.50 lakh
CRs 4.50 lakh
DRs 5.10 lakh
Answer & Solution
Correct answer: D. Rs 5.10 lakh
Interest is 3,60,000 + 6,60,000 = 10,20,000 on 1,00,00,000, so the rate is 10.2%; 10.2% of 50,00,000 is 5,10,000.
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