Arun invests in bonds worth Rs. 40000 and he receives a 15% interest per ann

Question

Arun invests in bonds worth Rs. 40000 and he receives a

15 %

interest per annum. How much money should he invest in bonds that give

10 %

per annum so that he gains overall

12 %

per annum?

Options:

A . 50000

B . 65000

C . 60000

D . 62500

Answer: Option C
:
C
Using alligation

He should invest in the ratio 2:3
He should invest 60000

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