- Trending Categories
Data Structure
Networking
RDBMS
Operating System
Java
MS Excel
iOS
HTML
CSS
Android
Python
C Programming
C++
C#
MongoDB
MySQL
Javascript
PHP
Physics
Chemistry
Biology
Mathematics
English
Economics
Psychology
Social Studies
Fashion Studies
Legal Studies
- Selected Reading
- UPSC IAS Exams Notes
- Developer's Best Practices
- Questions and Answers
- Effective Resume Writing
- HR Interview Questions
- Computer Glossary
- Who is Who
Ishita invested Rs. 1,20,000 a part of it at 10% per annum and the remaining at 12% simple interest . Her annual income from these investment is Rs. 12800 , find the amount invested in each case .
Given:
Ishita invested Rs. 1,20,000 a part of it at 10% per annum and the remaining at 12% simple interest.
Her annual income from these investment is Rs. 12800.
To do: To find out the amount invested in each case.
Solution:
Let us assume Rs.$x$ was invested at $10%$
So, Rs.$(12000−x)$ was invested @ $12%$.
In one year she will earn an interest=
$x\times10%+(12000−x)\times12%=1280$
⇒$12000\times12%−x\times2%=1280$
⇒$12000\times12−x\times2=128000$
⇒$2x=144000−128000=16000$
⇒$x=8000$
So, Rs.$8000$ was invested at $10%$
Rs.$(12000−8000)=Rs.4000$ was invested @$12%$.
- Related Articles
- A man invested an amount at \( 12 \% \) per annum simple interest and another amount at \( 10 \% \) per annum simple interest. He received an annual interest of Rs. \( 2600 . \) But, if he had interchanged the amounts invested, he would have received Rs. 140 less. What amounts did he invest at the different rates?
- A sum of money invested at 8% per annum for simple interest amounts to Rs.12,122 in 2 years. What will it amount to in 2 year 8 months at 9% rate of interest?
- Susan invested certain amount of money in two schemes A and B, which offer interest at the rate of 8% per annum and 9% per annum, respectively. She received Rs. 1860 as annual interest. However, had she interchanged the amount of investment in the two schemes, she would have received Rs. 20 more as annual interest. How much money did she invest in each scheme?
- Find Simple interest on amount Rs 3680 for 2 years at 6 percent per annum.
- How long will it take for a sum of Rs 12600 invested at 9% per annum become to Rs 15624.
- Anita borrowed Rs. $400$ from her friend at the rate of $12$ % per annum for $2\frac{1}{2}$ years. Find the interest and amount paid by her.
- Calculate the amount and compound interest on Rs. 10,800 for 3 years at \( 12 \frac{1}{2} \% \) per annum compounded annually.
- Find the compound interest at the rate of 5 % per annum for 3 years on that principal which in 3 years at the rate of 5 % per annum gives Rs 1200 as simple interest.
- 10,000 is invested at 5% interest rate p.a. Find the interest at the end of one year
- At what rate percent per annum will Rs 4500 amount to Rs 5715 in 3 years ?
- Find the amount to be paid at the end of 3 years in each case:$(a)$. Principal$=Rs.\ 1,200$ at $12\ %$ p.a.$(b)$. Principal$=Rs.\ 7,500$ at $5\ %$ p.a.
- Find the interest on a sum of Rs. 8250 for 3 years at a rate of 8% per annum.
- In what time will Rs 7000 amount to Rs 8000 if simple interest is calculated at 5% p.a.
- Find the sum of money which will amount to Rs.26010 in 6 months at the rate of 8% per annum when the Interest is compounded quarterly.
- If the principle sum is Rs 5000 find the simple interest and the amount at the end of two years at the rate of 5%.

Advertisements