Mathematics for FinanceMTP Dec 22Question 1369 of 422
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A man invests $12,000$ at $10\%$ p.a. and another sum of money at $20\%$ p.a. for one year. The total investment earns at $14\%$ p.a. simple interest the total investment is:

Options

A$8000$
B$20000$
C$14000$
D$16000$
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Correct Answer

Option b$20000$

All Options:

  • A$8000$
  • B$20000$
  • C$14000$
  • D$16000$

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