1/7 of a money is deposited at 4% per annum , ½ of a money deposited at 5% per annum
and the remaining at the rate of 6%, then total interest gained `730 find deposit amount
is.
Answers
Answer:
deposited amount is 14000
Step-by-step explanation:
Let, 'x' be the deposited amount
amount deposited at 6% rate=x -(1/7 of x + 1/2 of x)
=x -(x/7 + x/2)
=x - (2x+7x)/14
=x - 9x/14
=(14x - 9x)/14
=5/14 of x
According to the condition of the question
=> 4% of (1/7 of x) +5% of (1/2 of x) +6% of (5/14 of x) =730
=> 4/100(x/7) +5/100(x/2) +6/100(5x/14) =730
=> 4x/700 +5x/200 + 30x/1400 =730
=> (8x +35x + 30x)/1400 =730
=> 73x/1400 = 730
=> x = (730*1400)/73
=> x = 10*1400
=> x= 14000
so,
deposited amount = 14000