Question

A total of Rs 8,000 is deposited in two simple interest accounts. In one account, the annual simple

interest rate is 5%, and on the second account, the annual simple interest rate is 6%. How much

should be invested at 5%, so that the total annual interest earned is Rs 450?

Answer 1

Answer:

₹3000 invested at 5% &5000 at 6% for total annual interest ₹450

Step-by-step explanation:

suppose x amount invest at 5% interest,then

{(x×5×1)/100}+[{(8000-x)×6×1}]/100=450

{5x/100}+{(48000-6x)/100}=450

(48000-x)/100=450

48000-x=45000

x=48000-45000

x=₹3000