Jassi inherited Rs 12000.she invested part of it at 10% and the rest of at 12% p.a. simple interest .her annual income from these investment is Rs 1280 . How much did she invest at each rate.
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She invested Rs 11200 at the rate of 10% and Rs 800 at the rate of 20%.
Step-by-step explanation:
We use the formula as;
- SI =
- Now, Jassi has total Rs 12000.
- Suppose, she invested Rs x from it at the rate of 10% for one year of SI.
- And, she invested rest of the amount as Rs (12000 - x) at the rate of 12% for 12% of SI.
Now, if she invested Rs x at the rate of 10% for one year. Then,
Similarly, if she invested Rs (12000-x) at the rate of 12% for one year. Then,
Here, we are given that she earned total Rs 1280 through SI.
It means that,
By solving it , we get as,
1280 =
x = Rs 11200 And (12000 - x) = Rs 800
Thus, she invested Rs 800 at the rate of 12% and Rs 11200 at the rate of 10%.
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