Question
A person invests Rs.15,000 in two different schemes. The
first scheme offers simple interest at 10% per annum, and the second scheme offers simple interest at 12% per annum. The total interest earned in 2 years from both schemes is Rs.3300. Find the amount invested in the second scheme.Solution
Let the amount invested in the first scheme be Rs.x and in the second scheme be Rs.(15000 - x). Interest from the first scheme in 2 years = x × 10% × 2/100 = 0.2x Interest from the second scheme in 2 years = (15000 - x) × 12% × 2/100 = 0.24(15000 - x) According to the given condition, 0.2x + 0.24(15000 - x) = 3300 Simplifying: 0.2x + 3600 - 0.24x = 3300 -0.04x = -300 x = 7500 Amount invested in the second scheme = 15000 - 7500 = Rs.7500
Where is the Headquarter of National Environmental Engineering Research Institute situated?
Ken-Betwa link project is an interlinking project to connect the tributaries of Ken and Betwa river of which of the following state? Â
An Ummathat folk dancer from Karnataka ________ had been honoured with Padma Shri in 2023.
Which is the highest waterfall of the world on land?
The current Cabinet Minister of Agriculture and Farmers Welfare is _____________ .
Machines, tools and implements, and buildings are examples of which type of goods?
Which Satellite-Based Augmentation System (SBAS) holds the distinction of being the world's first to be certified for approach with vertical guidance an...
As per the RBI, the definition of hedging includes mitigating which type of risk?
Which of the following is NOT an example of Mass Communication?
Indian Universities Commission was set up in which of the following years?
Relevant for Exams:
