Question
Divya invested Rs. 'd' in scheme A and Rs. (d + 850) in
scheme B for 2 years each. Scheme A offers 13% simple interest per annum, while scheme B offers 9% per annum. If the total interest received is Rs. 2,254, find the value of 'd'.Solution
ATQ,
Simple interest = Principal × Rate × Time ÷ 100
ATQ,
d × 13 × 2 ÷ 100 + (d + 850) × 9 × 2 ÷ 100 = 2254
→ 0.26d + 0.18d + 153 = 2254
→ 0.44d = 2254 - 153 = 2101
→ d = 2101 ÷ 0.44 = 4775
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