A person earns yearly interest of Tk. 920 by investing Tk. X at 4% and Tk. Y at 5% simple interest rate. If he had invested Tk. X at 5% and Tk. Y at 4% simple interest rate, then his yearly interest earning would have been reduced by Tk. Find out the amount of X and Y.

A    Tk. 8000 & Tk. 12000

B    Tk. 18000 & Tk. 15000

C    Tk. 29000 & Tk. 12000

D    Tk. 8500 & Tk. 12600

Solution

Correct Answer: Option A

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