Question
Sohan invested Rs. P in Scheme X at 20% per annum under
simple interest for 3 years and Rs. Q in Scheme Y at 12% per annum under compound interest for 2 years. If the interest obtained from Scheme X (using compound interest) and Scheme Y (using simple interest) is Rs. 8240 more than when calculated the other way around, find Sohan’s total investment, given that the investment in Scheme X is 40% more than that in Scheme Y.Solution
Let the money invested in Scheme Y = 100a So money invested in Scheme X = 140% of 100a = 140a Total interest earned in first case = 140a x 20% x 3 + 100a x 112% x 112% - 100a = 84a + 25.44a = 109.44a Total interest invested in Scheme Y = (140a x 1.2 x 1.2 x 1.2 – 140a) + 100a x 12% x 2 = 101.92a + 24a = 125.92a According to question, (125.92a – 109.44a) = 8240 So, value of a = 500 Total money invested = (140a + 100a) = Rs. 120000 Hence answer is option B
1. Last month, hundreds
P. of citizens hit the streets to
Q. defend democracy when
R. of thousands
S. a faction of the milit...
Given below are six sentences 4 of which are jumbled. The first and the last sentence are given. Pick the option that gives the logically correct order ...
Given below are four jumbled sentences. Select the option that gives their correct order.
A. Day in and day out he pondered to find out a fo...
Select the most appropriate sequence from the given options to make a meaningful paragraph from jumbled sentences .
A. If we drove 10 kilomete...
In the questions given below, a sentence has been divided into four fragments (A), (B), (C) and (D) and is arranged (not necessarily in the correct ord...
Given below are four jumbled sentences. Pick the option that gives their correct order.
A: First it is received by the sub-editors through the...
Rearrange the parts of the sentence in the correct order.
1. Do not be anxious about
P-thanksgiving, present your requests to God
Q...
The traders claim the authorities (A) of obsolete techniques such as ‘Light Microscopy’ by the use (B) has resulted in leading (C) cases of ‘...
1. The government of India has embarked
P. the people to choose their actual
Q. election in Jammu and Kashmir to allow
R. on a cons...
Each question is divided into four parts a,b,c,d. In some questions they are not in the sequence so according to grammar and context re- arrangement is...
