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    Question

    P invested Rs. x at 10% per annum simple interest for 2

    years and Q invested Rs. (x + 500) at 12% per annum simple interest for 3 years. If the total interest earned by both is Rs. 460, find the value of x.
    A Rs.500 Correct Answer Incorrect Answer
    B Rs.550 Correct Answer Incorrect Answer
    C Rs.675 Correct Answer Incorrect Answer
    D Rs.525 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ:
    (x Ă— 10 Ă— 2)/100 + {(x + 500) Ă— 12 Ă— 3}/100 = 460
    20x + 36x + 18000 = 46000
    56x = 28000
    x = Rs. 500

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