Simple Interest
mediumQ1
A sum of 10000 is lent partly at 8% and partly at 12% per annum simple interest. The total annual interest is 1000. Find the amount lent at 8%.
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A sum of 10000 is lent partly at 8% and partly at 12% per annum simple interest. The total annual interest is 1000. Find the amount lent at 8%.