A total of RM2500 was deposited in two banks A and B. The interest rate for bank A is 6% per annum while that for bank B is 6.5% per annum. After one year, equal amounts of interest were received from two banks. How much was deposited in each bank?
Must have a full explanation.
Answers
Answered by
1
Step-by-step explanation:
Hey there...!
It's more than 24 hours of ur question no one has still answered.... And i don't think anyone is going to answer it, because it's out of trend. So here by... Presenting the joke of the day... :)
Teacher : ABC sunao !!
Kid : ABC
Teacher : Aur Sunao?
Kid : aur sab theek thaak, Aap sunao ?
Answered by
0
Answer:
RM1300, RM1200
Step-by-step explanation:
Let
Amount is to be deposited in Bank A = x
Amount is to be deposited in Bank B = 2500-x
Interest rate of Bank A = 6%=0.06
Interest rate of Bank B = 6.5% = 0.065
Amount is to be deposited in Bank A * interest rate of Bank A = Amount is to be deposited in Bank B * interest rate of Bank B
x*0.06=(2500-x)*0.065
0.06x=162.5-0.065x
0.06x+0.065x=162.5
0.125x=162.5
0.125x/0.125=162.5/0.125
x=1300
Amount deposited to Bank A = x = 1300
Amount deposited to Bank B = 2500-x=2500-1300=1200
Similar questions