Q. A sum of money of Rs. 1000 is lent out in two parts in such a way that the interest on one part at 10% per annum for 5 years is equal to another at 5% for 10 years. Calculate the sum lent out at 5%.
A) Rs. 800
B) Rs. 500
C) Rs. 1200
D) Rs. 1000
✔ Correct Answer: Rs. 500
Exam Insight
-