A portion of TK 7200 is invested @4%, and the rest is invested @5% annual return. If the annual income from both the portion is same, what is the total income from investment?

A portion of TK 7200 is invested @4%, and the rest is invested @5% annual return. If the annual income from both the portion is same, what is the total income from investment?

A 120

B 320

C 400

D 700

Solution

Correct Answer: Option B