Aptitude | Wipro Mock Test | Question 32

Two Equal Amounts of Money are lent out at 6% and 5 % simple Interest respectively at the same time. The former is recovered two years earlier than the latter and the amount so recovered in each case is Rs.2800. Determine the amount that is lent out?
(A) 1750
(B) 1850
(C) 1950
(D) 1650


Answer: (A)

Explanation:

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