A company invested one fourth of its sum at 8% and half at 8% and rest at 16% for 1 year and received total interest of

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Q 2404691558.     A company invested one fourth of its sum at 8% and half at 8% and rest at 16% for 1 year and received total interest of Rs. 80,000. What is the total sum invested?
IBPS-CLERK 2017 Mains
A

Rs. 400000

B

Rs. 16000

C

Rs. 800000

D

Rs. 640000

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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