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Question

Arun invests in bonds worth Rs. 40000 and he receives a  15%  interest per annum. How much money should he invest in bonds that give  10% per annum so that he gains overall  12% per annum? 


A
50000
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B
65000
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C
60000
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D
62500
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Solution

The correct option is C 60000

Using alligation

He should invest in the ratio 2:3

He should invest 60000


Quantitative Aptitude

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