Q. Asif borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12%

  • (A) Rs. 1200
  • (B) Rs.1300
  • (C) Rs. 1400
  • (D) Rs. 300
βœ… Correct Answer: (A) Rs. 1200

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