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Man invests a certain sum of money at 6% p.a. s.i and another sum at 7% p.a. s.i his income from interest after 2years was rs.354.one fourth of the first sum is equal to one fiftg of the second sum.the total sum invested was |
Answer» Rs 2700 was total amount INVESTEDStep-by-step explanation: Let say first sum = 4A Then Second sum = 5A ( as one fourth of 1st sum = one fiffth of second sum) Simple interest = P * R * T /100 Interest on 4A = 4A * 6 * 2 /100 = 48A/100 Interest on 5A = 5A * 7 * 2 /100 = 70A/100 Total Interest = (48A + 70A)/100 = 118A/100 118A/100 = 354 => A = 300 4A = 1200 5A = 1500 Total Sum invested = 1200 + 1500 = 2700 Rs Rs 2700 was total amount invested LEARN more: Satish invested rs. 14,000 partially in scheme A which offer 20%p.a. ... From a sum one third is invested at 3% one sixth at 6% and the rest ... Rs. 7200 was invested partly in scheme a for 6 years and partly in ... |
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