as follows: 25% of the total at an annual interest rate of 6%, 1/15th of the total at 8% per year, and the remaining portion at 10% per year. The total interest he earned after one year was Rs. 860. Determine the total amount of Pawan's investment.
ARs.10000Correct AnswerIncorrect Answer
BRs.15000Correct AnswerIncorrect Answer
CRs.12500Correct AnswerIncorrect Answer
DRs.13250Correct AnswerIncorrect Answer
ENone of theseCorrect AnswerIncorrect Answer
Solution
ATQ, Let the total investment = Rs.20p ATQ, (5p × 6 × 1)/100 + (4p × 8 × 1)/100 + (11p × 10 × 1)/100 = 860 172p = 860 × 100 p = 500 Total investment = 20p = 20 × 500 = Rs.10000
