Ram invest total sum of 40,000 Rs. He invest certain sum at 6 % per annum rate of interest and the remaining sum at 8 % per annum rate of interest. If the annual income remaining from interest at 3,000 Rs. Find the sum invested at each rate.
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Answer:
% = 300000/40000 =30/4 = 15/2%
6% ______ 8%
____15/2%___
(8-15/2)___(15/2-6)
1/2________3/2
so ratio is = 1 : 3
4x = 40000
X = 10000
so,
at 6% he invested 10000
and at 8% he invested 30000
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