Question
An investor has ₹20,000 to invest in two options: Investment X, offering a 12% annual return, and Investment Y, offering an 8% annual return. If the total return from both investments is ₹2,240, determine the amounts invested in X and Y.
R = 11.2% By allegation method- Ratio of Beverage X to Beverage Y = (11.2-8): (12-11.2) = 3.2: 0.8 = 4: 1 Amount in Investment X = 4/5 of 20,000 = 16,000 Amount in Investment Y = 1/5 of 20,000 = 4,000More Simple and compound interest Questions
- Find the simple interest and the amount on Rs 5,000 at 8% per annum for 3 years.
- An amount becomes Rs. 11,520 after 3 years at a simple interest rate of r% p.a. If the rate had been increased to (r + 5)% per annum, the same sum would be...
- Find the rate of simple interest at which Rs. 6000 should be invested for 2 years so that the interest earned will be same as the interest received when th...
- Rohit invested a certain amount at a simple interest rate of r% per annum, which increased to 180% of the original amount over 5 years. If Rs. 2500 is inv...
- A sum of ₹5,000 is invested at 8% simple interest per annum for 3 years. After 3 years, the interest is reinvested at 6% compound interest for 2 years. Fin...
- Rs. x is invested at simple interest at 8% per annum for 3 years. If instead Rs. (x + 500) is invested at the same rate for the same period, the total inte...
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
- If Rs. 15000 is invested at 14% per annum, compounded yearly, calculate the interest earned in one year.
- The ratio of investment of A and B is 6:7 respectively. If the rate of interest for both A and B is 12% p.a and time duration for A and B is 5 years and 4 ...
- The amount received on a certain sum of money at the rate of interest of 18% per annum simple interest after 8 years is Rs. 12200. What was the principal (...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
