Placement Simple Interest Problem 1

Placement Simple Interest Problem 1

Ravi gave ₹1200 on loan. Some amount he gave at 4% per annum simple interest and remaining at 5% per annum simple interest. After two years, he got ₹110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively,

  1. ₹500, ₹700

  2. ₹400, ₹800

  3. ₹800, ₹300

  4. ₹1100, ₹1100