Question
A man invested a sum of Rs. 25,000. He invested some
part at 5% p.a. and remaining at 5.5% p.a. How much money did he invest at 5% p.a.? Statement I : The total interest amount paid after 1 year was Rs. 2230. Statement II : The interest on one sum was twice that on the other. In each of the following questions, a question and some statements are given. You have to decide whether the data given in the statements are sufficient to answer the question or not.Solution
Let first part is Rs xΒ , then remaining is Rs (25000 - x) From statement I ((x * 5 * 1)/100) + ((25000 - x) * 5.5 * 1/100) = 2230 So, "x" can be calculated. From statement II , ((x * 5 * 1)/100) = 2 * ((25000 - x) * 5.5 * 1/100) So, "x" can be calculated.
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