Question

A man has `10,000. He lent a part of it at 15% simple interest and the remaining at 10% simple interest. The total interest he received after 5 years amounted to `6,500. The difference between the parts of the amounts he lent is:

• A. 1,750
• B. 1,500
• C. 2,500
• D. 2,000

Answer 1

Answer: (D)