A man invested 10000 rupees, split into two schemes, at annual rates of
interest 8% and 9%. After one year he got 875 rupees as interest from
both. How much did he invest in each?
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Let the amount invested at rate of8% = X
Therefore the amount invested at rate of 9% = {10000-x}
Sl =ptr/100=x*1× 8÷100
Sl' =(10000-x)*1*9/100
(10000-x)*1*9/100
Amount from both the intrest =875
THEREFORE ;
(8x/100)+(10000-x)*9/100) =875
Upon equating ; x=2500
. AMOUNT INVESTED AT THE RATE
OF 8 % = 2500
.AMOUNT INVESTED AT THE RATE
OF 9 % = 10000-X
= 7500
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