1.

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 INVESTED

Step-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. ...

brainly.in/question/13306571

From a sum one third is invested at 3% one sixth at 6% and the rest ...

brainly.in/question/4778731

Rs. 7200 was invested partly in scheme a for 6 years and partly in ...

brainly.in/question/11670759



Discussion

No Comment Found

Related InterviewSolutions