Question

Some part of Rs. 14000/– was invested at rate of 6% and some part of it was invested at the rate of 7% simple interest per annum. If the total interest gained in one year is Rs. 940 then what was the ratio of the amount invested at 6% and 7% interest rate?/

• A. 3 : 4
• B. 5 : 2
• C. 4 : 3
• D. 2 : 5

Answer 1

Answer: (D)