Question

    Rs.5400 is divided into two parts such that if one part

    be invested at 6% and the other at 9%, the annual interest from both the investments is Rs. 435. Find each part.
    A Rs.2400, Rs.3000 Correct Answer Incorrect Answer
    B Rs.3500, Rs.4300 Correct Answer Incorrect Answer
    C Rs.4400, Rs.3200 Correct Answer Incorrect Answer
    D Rs.1700, Rs.3700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the amount lent at 6% rate = Rs. x. Then, amount lent at 9% rate = 5400 - x So, => 6% of x + 9% of (5400 - x) = 435 => 9% of 5400 – 3% of x = 435 => 486 – 3% of x = 435 => 3% of x = 51 => x = (51/3) × 100 => x = Rs. 1700 Amount lent at 6% rate = Rs. 1700 Amount lent at 9% rate = 5400 – 1700 = Rs.3700

    Practice Next
    More Simple and compound interest Questions

    Relevant for Exams:

    ask-question