1.

A Sum Is Equally Invested In Two Different Schemes On Ci At The Rate Of 15% And 20% For Two Years. If Interest Gained From The Sum Invested At 20% Is Rs. 528.75 More Than The Sum Invested At 15%, Find The Total Sum?

Answer»

LET Rs. K invested in each scheme

Two years C.I on 20% = 20 + 20 + 20x20/100 = 44%

Two years C.I on 15% = 15 + 15 + 15x15/100 = 32.25%

Now,

(P x 44/100) - (P x 32.25/100) = 528.75

=> 11.75 P = 52875

=> P = Rs. 4500

Hence, total invested money = P + P = 4500 + 4500 = Rs. 9000.

Let Rs. K invested in each scheme

Two years C.I on 20% = 20 + 20 + 20x20/100 = 44%

Two years C.I on 15% = 15 + 15 + 15x15/100 = 32.25%

Now,

(P x 44/100) - (P x 32.25/100) = 528.75

=> 11.75 P = 52875

=> P = Rs. 4500

Hence, total invested money = P + P = 4500 + 4500 = Rs. 9000.


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