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Rs 2000 is lent in 2 parts, 1 part at 8% per annum and 2nd part at 15% per annum. At the end of a year Rs 216 is received as simple interest. Find the part lent at 15% p.a.
Rs 1200
Rs 800
Rs 900
Rs 750
216 = 2000*r*1/100 r = 10.8% By the method of allegation: 1st part 2nd part 8 15 . 10.8 4.2 2.8 4.2 : 2.8 = 3 : 2 At 15% = (2/5) * 2000 = 800
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