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      Question

      An investor put Rs. x into Fund X and Rs. x/2 into Fund Y.

      Fund X offers 4% p.a. and Fund Y offers 10% p.a. simple interest. If after 3 years the total interest from both funds is Rs. 540, what is the value of тАШxтАЩ?
      A Rs.2000 Correct Answer Incorrect Answer
      B Rs.2900 Correct Answer Incorrect Answer
      C Rs.2800 Correct Answer Incorrect Answer
      D Rs.2500 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ,

      x ├Ч 0.04 ├Ч 3 + x/2 ├Ч 0.10 ├Ч 3 = 540

      0.12x + 0.15x = 540

      0.27x = 540

      x = 540 / 0.27 = 2000

      So, the value of тАШxтАЩ is Rs. 2000

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