Question
A sum of ₹10,000 is invested in two schemes A and B.
Scheme A offers 10% per annum and scheme B offers 15% per annum. If the total interest earned after 2 years is ₹2,200, how much was invested in each scheme?Solution
Let amount invested in A = x and in B = 10000 - x. Interest from A after 2 years = (x × 10 × 2) / 100 = 0.2x. Interest from B after 2 years = [(10000 - x) × 15 × 2] / 100 = 3,000 - 0.3x. Total interest = 0.2x + (3000 - 0.3x) = 2200. 0.2x - 0.3x = 2200 - 3000 → -0.1x = -800 → x = 8000. Amount in A = 8000, Amount in B = 2000. Answer: a) ₹8,000 in A and ₹2,000 in B.
More Quant Miscellaneous Questions
What will come in place of the question mark (?) in the following series?
48, 291, ?, 399, 408, 411
18, 30, 50, 102, 282, ?
- What will come in place of the question mark (?) in the following series?
24, 27, 34, 46, 64, ? 150 15 3 ? 0.36 0.18
13, 28, ?, 118, 238, 478
3 2 10 ? 17 16
32, 64, 8, ?, 2, 4
8, 9, 125, ?, 1331, 169
226 231 466 ? 5606 28031
5, 6, 14, 45, 184, ?
