Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 2)
2.
Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
Answer: Option
Explanation:
Let the sum invested in Scheme A be Rs. x and that in Scheme B be Rs. (13900 - x).
Then, | ![]() |
x x 14 x 2 | ![]() |
+ | ![]() |
(13900 - x) x 11 x 2 | ![]() |
= 3508 |
100 | 100 |
28x - 22x = 350800 - (13900 x 22)
6x = 45000
x = 7500.
So, sum invested in Scheme B = Rs. (13900 - 7500) = Rs. 6400.
Video Explanation: https://youtu.be/Xi4kU9y6ppk
Discussion:
115 comments Page 3 of 12.
B Krishna said:
6 years ago
How did you Assume that 7500 here, in what basis did you get that, can we get a Clear Explanation on this?
(1)
Priya said:
6 years ago
How this is calculated? I didn't get please explain it.
(1)
Ajay said:
5 years ago
By using alligation method, we get;
13900/30*14 = 6500.
13900/30*14 = 6500.
(1)
Dorji bhai said:
5 years ago
How denominator is getting cancelled while adding? Please explain about it.
(1)
Siva said:
5 years ago
I can't understand. If we use the formula ptr/100, how to identify 'r' in that? Please explain me.
(1)
Venu said:
1 decade ago
Can any one solve this in simple way?
Rajesh said:
1 decade ago
Use the method of alligation.
Suchita said:
1 decade ago
@Rajesh.
Can you please tell me that method.
Can you please tell me that method.
Vinod said:
1 decade ago
Suppose total simple interest of A & B is 13900*25%(14%+11%) =3475, but in problem total interest for 2 years is 3508, difference amount is Rs.33/-,can some one explain me, why this differnce has come ?
Pp depu said:
1 decade ago
Can some one plese explain me the 2nd step 28X-22X = 350800 - (13900x22) how it came?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers