Advertisements
Advertisements
Question
An employee of an organization invests a total of Rs 25,400 in two different schemes X and Y at a simple interest rate of 18% per annum and 10% per annum respectively. If a total of Rs. 6460 has been earned as a simple interest in 2 years, what amount was invested in Scheme Y?
Options
Rs. 8,625
Rs. 16,775
Rs. 12,240
Rs. 10,930
Advertisements
Solution
Rs. 16,775
Explanation:
Let the amount invested in scheme Y is m,
then, the amount invested in scheme X is (25400 − m)
ATQ,
`((25400-"m")xx18xx2)/100+("m" xx 10 xx 2)/100 =6460`
228600 − 9m + 5m = 161500
4m = 67100
m = ₨. 16775
Amount invested in scheme Y = ₨. 16775
APPEARS IN
RELATED QUESTIONS
Francis has 18 eggs out of which 12 eggs were sold at 10% less than the cost price. At what mark up should he sell the remaining eggs to cover his losses?
The Municipality of a town increases water tax by 20% and water consumption decreased by 20%. Then the percentage of increase or decrease in the monthly expenditure is:
A speaks truth in 75% cases and B in 80% of the cases. In v1hat percentage of cases are they likely to contradict each other. narrating the same incident?
Choose the most appropriate option:
A man earns ₹ 20 on the first day and spends ₹15 on the next day. He again earns ₹20 on the third day and spends ₹15 on the fourth day. If he continues to save in this way, how soon will he have ₹60 in hand?
Choose the most appropriate option:
The value of a machine depreciates every year at the rate of 10% on its value at the beginning of that year. If the present value of the machine is Rs. 729, its worth three years ago was:
Two tailors X and Y are paid a total of ₹ 550 per week by their employer. If X is paid 120% of the sum paid to Y. Then, how much is Y paid per week?
A fruit seller had some apples. He sells 40% apples and still has 420 apples. Originally, he had
A batsman scored 110 runs which included 3 boundaries and 8 sixes. What percent of his total score did he make by running between the wickets?
A student multiplied a number by `3/5` instead of `5/3`. Find the error percentage.
Two numbers A and B are such that the sum of 5% of A and 4% of B is two-third of the sum of 6% of A and 8% of B. Find the ratio of A : B.
