Question

    Harsh is having Rs 40000. He deposited it in 2 banks.

    Interest given by first bank is 10.5%per annum and that of 2nd bank is 5.5%per annum. If at the end of a year Harsh got Rs 4000. Then find the difference of the balance amount deposited in both banks
    A 32000 Correct Answer Incorrect Answer
    B 58000 Correct Answer Incorrect Answer
    C 52000 Correct Answer Incorrect Answer
    D 62000 Correct Answer Incorrect Answer

    Solution

    R =(SI×100)/pt = 4000×100)/40000×1=10% 10.5%              5.5%             10% 4.5       :           .5 P=9          :           1             Difference of the balance amount deposited in both banks. = (40000/10) ×8 =32000

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