ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Rs.5,000 is divided into two parts such that if one part

    is invested at 4% and the other at 5%, then the whole annual interest from both sums is Rs.223. How much was invested in 4%?
    A 2700 Correct Answer Incorrect Answer
    B 2300 Correct Answer Incorrect Answer
    C 4000 Correct Answer Incorrect Answer
    D 3200 Correct Answer Incorrect Answer

    Solution

    Rate of interest in total sum = (223/5000) ├Ч100 =22300/5000=4.46% Total sum =27+23=50 ATQ- 50=5000 1=100 Now the sum at the rate of 4%=27=2700

    Practice Next
    More Simple and compound interest Questions

    Relevant for Exams:

    ask-question