PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2018

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64.

A part of Rs. 38,800 is lent out at 6% per six months. The rest of the amount is lent out at 5 percent per annum after one year. The ratio of interest after 3 years from the time when first amount was lent out is 5 : 4. Find the second part which was.lent out at 5%

A: Rs. 26,600
B: Rs. 28,800
C: Rs. 257,500
D: Rs. 28,000

The answer is: B