Question

Azhar deposited an amount of Rs. 'x + 250' in a simple

Q: Answer-Azhar deposited an amount of Rs. 'x + 250' in a simple interest scheme at a rate of 20% per annum fo...

According to question 0.20 3 x 250 0.30 2 x 500 1950 Or, 0.6x 0.6x 1950 150 300 Or, 1.2x 1500 Or, x 1250

interest scheme at a rate of 20% per annum for a duration of 3 years. Additionally, he invested Rs. 'x + 500' at a rate of 30% per annum, again under a simple interest scheme, for a period of 2 years. If the combined interest from both investments totaled Rs. 1950, determine the value of 'x'.

A 1050

B 1650

C 1250

D 1350

E 1450

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