jassi inherited rs 12000.00.she invested part of it at 10% and the rest at 12% p.a. simple  interest. her annual income from these investments is rs.1280.00.how much she invest at each rate

 ANS:  Given: Amount = 12000

             Rate of investment of first part = 10%

             Rate of investment of second part = 12%

             Total interest annually = 1280

Let the first part be x, then the second part = (12000 - x)

simple interest = PRT/100

Therefore, [x*10*1+ (12000- x)*12*1]/100 = 1280

=> [10x + 144000 - 12x]/100 = 1280

=> 144000 - 2x/100 = 1280

=> 144000 - 2x = 128000

=> x = (144000 - 128000)/2

=> x = 8000

12000 - 8000 = 4000

Therefore she invested Rs8000 at 10 % and Rs 4000 at 12%.

  • 13

seriosly are you robot !!!?

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 It was an easy Question. Nevertheless very well answered Sanidhya

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