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    Question

    Priya invested Rs. 9,000 in scheme тАШCтАЩ at simple

    interest of 5% p.a. for тАШtтАЩ years and Rs. 9,000 in scheme тАШDтАЩ at simple interest of 14% p.a. for 3 years. If the total interest received by her from both schemes together is Rs. 4,230, then find the value of тАШtтАЩ.
    A 5 yrs Correct Answer Incorrect Answer
    B 2 yrs Correct Answer Incorrect Answer
    C 8 yrs Correct Answer Incorrect Answer
    D 1 yrs Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Formula Used: Simple Interest = (Principal ├Ч Rate ├Ч Time) / 100 4230 = {(9000 ├Ч 5 ├Ч t)/100} + {(9000 ├Ч 14 ├Ч 3)/100} Or, 4230 = (450t) + (3780) Or, 450t = 4230 тАУ 3780 Or, 450t = 450 Or, t = 450/450 = 1 year

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