17. Rekhadidi deposited 10,000 of her savings in two separate banks at the same time. The
rate of simple interest per annum is of 6% in one bank and that of 7% in other bank; after
2 yrs., if she gets 1280 in total as interest, then let us write by calculating, the money she
had deposited separately in each of two banks.
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Answer:
Step-by-step explanation:
Deposited amount = Rs 10000
Principal = x
Time = 2 years
Rate = 6 percent
S.I. = 6x/50 [1st ]
Principal = 10000 - x
R = 7 percent
Time = 2 years
S.I. = 7*[10000-x] [ 2nd ]
ie,
6x/50 +70000-7x= 1280
since,
6x +70000 - 7x = 6400
Therefore,
x = 6000
10000- x =
10000 - 6000 = 4000
Hope it helps you
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