Shashikant derives an annual income of ₹ 668.25 from ₹ 10000 invested partly 8% p.a. and partly at 5% p.a. simple interest. How much of his money is invested at 5%?
Shashikant derives an annual income of ₹ 668.25 from ₹ 10000 invested partly 8% p.a. and partly at 5% p.a. simple interest. How much of his money is invested at 5%?
A. ₹ 4225
B. ₹ 5000
C. ₹ 4800
D. ₹ 3725
The correct answer is option D. 3725. Can you explain this answer in the comments?
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