Sawan borrowed a total amount of Rs 30000, part of it on simple interest rate of 12% per annum and remaining on simple i

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Q 2257445384.     Sawan borrowed a total amount of Rs 30000, part of it on simple interest rate of 12% per annum and remaining on simple interest rate of 10% per annum. If at the end of 2 yrs he paid in all Rs 36480 to settle the loan amount. What was the amount borrowed at 12 % per annum?
IBPS-PO 2017 Mock Mains
A

Rs 16000

B

Rs 18000

C

Rs 17500

D

Rs 12000

E

Rs 15000

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

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