Answer :
Answer:
- C) Rs. 9000, Rs. 9750
Step-by-step explanation:
Let the sum allotted is x and 18750 - x.
Interest rate is 5%.
The interest amount is:
- (18 - 12)*5% = 30% and
- (18 - 14)*5% = 20%
We have equation below to compare final amounts:
- x + 30% = (18750 - x) + 20%
- 1.3x = 1.2(18750 - x)
- 1.3x = 22500 - 1.2x
- 1.3x + 1.2x = 22500
- 2.5x = 22500
- x = 22500/2.5
- x = 9000
Correct choice is C