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?
Rs. 6400
Rs. 6500
Rs. 7200
Rs. 7500
None of these
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 8 of 12.

Ganesh said:   1 decade ago
Someone's tell me how did you get 3508? Please answer me.

Ajay said:   5 years ago
By using alligation method, we get;

13900/30*14 = 6500.
(1)

Punna vandana said:   8 years ago
Please, can anyone explain this problem in percentages?

Priya said:   6 years ago
How this is calculated? I didn't get please explain it.
(1)

Krishna Kant Sharma said:   9 years ago
Thanks for giving the solution. I understand it now.

Sri said:   8 years ago
@Depu.

Thanks for giving the explanation of answer.

Heetu said:   1 decade ago
Please give me any simple way I cant understand it.

Anky said:   1 decade ago
Can some one explain why we took x and 13900 - x.

Ashwini said:   1 decade ago
How to take rate percentages? Please explain me

Suchita said:   1 decade ago
@Rajesh.

Can you please tell me that method.


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