can anyone answer this question
Dear Student,
Solution)
Given : Amar deposits Rs . x in savings bank account at the rate of 5% per annum and
Rs . y in fixed deposit at 10% per annum.
As, we know that,
Simple interest =
Therefore, from the given condition " At the end of the first year he gets Rs. 400 as total interest " we get ,
Also, from the given condition " He deposits Rs . y in savings bank account and Rs . x in fixed deposit he would get Rs. 350 as total interest. " , we get
Now, multiply equation (1) by 2, we get,
2x + 4y = 16000 ----------- ( 3 )
and subtract equation (2) from equation (3), we get,
3y = 9000
y = 3000 , Substitute that value in equation (1) , we get,
x + 2 ( 3000 ) = 8000
x = 8000 - 6000
x = 2000
So,
Total amount he deposits = x + y = 2000 + 3000
= Rs . 5000
= (3) option
Regards!
Solution)
Given : Amar deposits Rs . x in savings bank account at the rate of 5% per annum and
Rs . y in fixed deposit at 10% per annum.
As, we know that,
Simple interest =
Therefore, from the given condition " At the end of the first year he gets Rs. 400 as total interest " we get ,
Also, from the given condition " He deposits Rs . y in savings bank account and Rs . x in fixed deposit he would get Rs. 350 as total interest. " , we get
Now, multiply equation (1) by 2, we get,
2x + 4y = 16000 ----------- ( 3 )
and subtract equation (2) from equation (3), we get,
3y = 9000
y = 3000 , Substitute that value in equation (1) , we get,
x + 2 ( 3000 ) = 8000
x = 8000 - 6000
x = 2000
So,
Total amount he deposits = x + y = 2000 + 3000
= Rs . 5000
= (3) option
Regards!