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A person borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12%?
Rs. 1200
Rs. 1300
Rs. 1400
Rs. 300
Rs. 1200
Practice and solve "A person borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for o..." for Electrical - Economics for Engineers. The correct answer is Option A: Rs. 1200. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(a) **