Abhijit Invested An Amount With Company X For Two Years @ Simple Inte

1.	Abhijit Invested An Amount With Company X For Two Years @ Simple Interest Rate 15 P.c.p.a. The Entire Amount Obtained From Company X After Two Years He Invested With Company Y @ Compound Interest Rate 12 P.c.p.a For Two Years. If The Amount Finally Received By Him Was Rs. 81,536. Find The Money Invested By Abhijit In Company X?
Answer» LET ‘y’ be the INVESTED AMOUNT A.T.Q. 1.3y(1.12)2=81536 On SOLVING y=Rs.50,000/- Let ‘y’ be the invested amount A.T.Q. 1.3y(1.12)2=81536 On Solving y=Rs.50,000/-

Abhijit Invested An Amount With Company X For Two Years @ Simple Interest Rate 15 P.c.p.a. The Entire Amount Obtained From Company X After Two Years He Invested With Company Y @ Compound Interest Rate 12 P.c.p.a For Two Years. If The Amount Finally Received By Him Was Rs. 81,536. Find The Money Invested By Abhijit In Company X?

Answer»

A.T.Q.

1.3y(1.12)2=81536

On SOLVING y=Rs.50,000/-

Let ‘y’ be the invested amount

A.T.Q.

1.3y(1.12)2=81536

On Solving y=Rs.50,000/-