the total value of to investment is 6000 one part is invested at 3% per annum and other at 2% per annum the total annual income from the investment is rupees 145 find how much was invested at each rate
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Hii Dear,
◆ Answer -
Amount invested at 3% rate = 2500 Rs
Amount invested at 2% rate = 3500 Rs
◆ Explaination -
Let x be the amount invested at 3 %. Then sum invested at 2 % rate is 6000-x.
Interest obtained at 3 % rate -
Interest = x × 3/100
Interest obtained at 2 % rate -
Interest = (6000-x) × 2/100
Total interest obtained is given as -
Total interest = x × 3/100 + (6000-x) × 2/100
145 = 3x/100 + 120 - 2x/100
25 = x/100
x = 25 × 100
x = 2500 Rs
Amount invested at 3% rate = 2500 Rs
Amount invested at 2% rate = 6000-x = 3500 Rs
Thanks dear...
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