A sum of 10000 Rupees is kept in a bank in two separate accounts. The rates of interest on the two accounts are 6% and 9%, respectively. The sum of interest earned in the two accounts is 750 Rupees after one year. Find the amount kept in each account.
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Hello
Here is your answer
Let the money in one bank be Rs.x
Let the money in another bank be Rs.(10000-x)
Rate of interest in one bank=6%
Interest in one bank=x*6%=6x/100=0.06x
Rate of interest in another bank=9%
Interest in another bank=(10000-x)9%=(10000-x)9/100=90000/100-9x/100=900-0.09x
Sum of interest earned in 2 banks=Rs.750
0.06x+(900-0.09x)=Rs.750
0.06x+900-0.09x=750
-0.03x=750-900
-0.03x=-150
0.03x*100=150*100
3x=15000
x=15000/3
x=5000
Therefore
i) the money in one bank=x=Rs.5000
ii)the money in another bank=10000-x=10000-5000=Rs.5000
Hope it helps you...
Anonymous:
If it is correct mark me as brainliest.
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