From a sum one third is invested at 3% one sixth at 6% and the rest at 8%. if the simple interest for 2 years from all these investments is rs 600. find the sum
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Answered by
14
principal is 900 ..?........
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Answered by
6
Sum = Rs 5000
Step-by-step explanation:
Let say Sum = 6P Rs
one third is invested at 3% for 2 Years
=> 6P/3 = 2P
Interest = 2P * 3 * 2 /100 = 12P/100 Rs
one Sixth is invested at 6% for 2 Years
=> 6P/6 = P
Interest = P * 6 * 2 /100 = 12P/100 Rs
Rest at 8 % for 2 Years
Rest = 6P - 2P - P = 3P Rs
Interest = 3P * 8 * 2 /100 = 48P/100 Rs
12P/100 + 12P/100 + 48P/100 = 600
=> 72P = 60000
Dividing by 12 on both sides
=> 6P = 5000
Sum = Rs 5000
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