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Nagarjuna lends Rs 30,000 of two of his friends. He gives Rs 15,000 to the first at 6% p.a. simple interest. He wants to make a profit of 10% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend isa)8%b)12%c)14%d)16%Correct answer is option 'C'. Can you explain this answer? for Interview Preparation 2024 is part of Interview Preparation preparation. The Question and answers have been prepared according to the Interview Preparation exam syllabus. Information about Nagarjuna lends Rs 30,000 of two of his friends. He gives Rs 15,000 to the first at 6% p.a. simple interest. He wants to make a profit of 10% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend isa)8%b)12%c)14%d)16%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Interview Preparation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Nagarjuna lends Rs 30,000 of two of his friends. He gives Rs 15,000 to the first at 6% p.a. simple interest. He wants to make a profit of 10% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend isa)8%b)12%c)14%d)16%Correct answer is option 'C'. Can you explain this answer?.

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