Rs.4000 is divided into two parts such that if one part be invested at 3% and the other at 5%, the annual interest from both the investments is rs. 144. find each part.
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So, 3% will account for Rs. 2300 and Rs. 1700 will account for 5%
Step-by-step explanation:
Total amount of money = Rs. 4000
Let the one part of amount be x then the second part will be (4000 - x)
⇒ 0.03 × x × 1 + (4000 - x) × 0.05 = 144
⇒ 0.03x + 200 - 0.05x = 144
⇒ -0.02x = 144 - 200
⇒ -0.02x = -56
⇒ x = 2300
So, The first part be Rs 2300
Then the second part will be (4000 - 2300) = Rs. 1700
So, 3% will account for Rs. 2300 and Rs. 1700 will account for 5%
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