Question

    Alisha had Rs. 7500 with her. She invested 20% of the

    sum at 7% p.a. and the rest at 13% p.a., both at simple interest for 6 years each. Find the total interest received by Alisha.
    A Rs.2000 Correct Answer Incorrect Answer
    B Rs.3050 Correct Answer Incorrect Answer
    C Rs.4500 Correct Answer Incorrect Answer
    D Rs.5310 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Interest received by Alisha at 20% of the sum = (0.20×7500×7×6)/100=Rs.630 Interest received by Alisha on 80% of the sum = (0.80×7500×13×6)/100=Rs.4680 Therefore, total interest received = 630 + 4680 = Rs. 5310

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