Question

    Rs.5,000 is divided into two parts such that if one part

    is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223. How much was invested in 4%?
    A 2700 Correct Answer Incorrect Answer
    B 2300 Correct Answer Incorrect Answer
    C 4000 Correct Answer Incorrect Answer
    D 3200 Correct Answer Incorrect Answer

    Solution

    Rate of interest in total sum = (223/5000) ×100 =22300/5000=4.46% Total sum =27+23=50 ATQ- 50=5000 1=100 Now the sum at the rate of 4%=27=2700

    Practice Next

    Relevant for Exams: