Question No. 6
A, B and C each have money in the ratio 14:17:23. They invest their moneys in different schemes of a bank and get returns at rates in the ratio 15:11: 8. If the
difference in the returns of A and B is Rs115000, what is the total amount of return that the three got together?
Answers
Given : A, B and C each have money in the ratio 14:17:23. They invest their moneys in different schemes of a bank and get returns at rates in the ratio 15:11: 8.
To find : If the difference in the returns of A and B is Rs115000, what is the total amount of return that the three got together
Solution:
Let say A has invested money 14P
B has invested money 17P
C has invested money 23P
Returns are 15R , 11R & 8R
Return for A = 14P * 15R = 210PR
Return for B = 17P * 11R = 187PR
Return for B = 23P * 8R = 184PR
Total Return = 581PR
difference in the returns of A and B is Rs115000
=> 210PR - 187PR = 115000
=> 23PR = 115000
=> PR = 5000
Total Return = 581PR = 581 * 5000
= 2905000
the total amount of return that the three got together = 2905000
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