Placement Simple Interest Problem 3

Placement Simple Interest Problem 3

I derive an annual income of ₹688.25 from ₹10,000 invested partly at 8% p.a. and partly at 5% p.a. simple interest. How much of my money is invested at 5%?

  1. ₹3,725

  2. ₹4225

  3. ₹4,800

  4. ₹5,000