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 9 of 12.
Lucy said:
8 years ago
350800 - (13900 x 22) =45000 How its came?
Anshul said:
8 years ago
The answer can be 6400 or 7500.
It is not necessary that A will invest X and B will invest the difference.
It is not necessary that A will invest X and B will invest the difference.
Amrutha said:
8 years ago
From the question we know 13900 is the amount he invested.
Let assume, 'x' be the amount invested on A.
so 13900-x be the amount B have
SI=PNR/100.
Case of A:
for 2 years, as per the question.
SI1=x*2*14/100
Similarly
Case of B:
for 2 years
SI2=(13900-x)*2*11/100
its given that the total amount of simple interest is 3508
ie,SI1+SI2=3508
substituting the above two equations
Then, x x 14 x 2 /100 + (13900 - x) x 11 x 2/100 = 3508
28x - 22x = 350800 - (13900 x 22)
6x = 45000
x = 7500.
So, sum invested in Scheme B = Rs. (13900 - 7500) = Rs. 6400.
Let assume, 'x' be the amount invested on A.
so 13900-x be the amount B have
SI=PNR/100.
Case of A:
for 2 years, as per the question.
SI1=x*2*14/100
Similarly
Case of B:
for 2 years
SI2=(13900-x)*2*11/100
its given that the total amount of simple interest is 3508
ie,SI1+SI2=3508
substituting the above two equations
Then, x x 14 x 2 /100 + (13900 - x) x 11 x 2/100 = 3508
28x - 22x = 350800 - (13900 x 22)
6x = 45000
x = 7500.
So, sum invested in Scheme B = Rs. (13900 - 7500) = Rs. 6400.
Renu said:
8 years ago
@Phani Kumar.
Can you plz tell me how to take a difference between r1 and r2 (14% - 11%) or (14*2-11*2).
Can you plz tell me how to take a difference between r1 and r2 (14% - 11%) or (14*2-11*2).
Surya said:
8 years ago
How 45000 will come? Please explain it.
Pragna said:
8 years ago
@Renu.
It has Some correction @Phani Kumar .
Given -----> P = P1+P2 (Principle is divided between two)
Sum of interests on P1 and P2 is given as I = SI1+ SI2 = 3508 S11---> Simple interest on P1
SI2 ---> Simple interest on P2
I = ( P1*T1*R1 /100) + (P2*T2*R2/100)
100*I = (P1*T1*R1) + (P2*T2*R2)
But Given T1= T2=T
so,
100*I /T = P1*R1 + P2*R2
= P1*R1 + (P-P1)*R2
= P1*R1 + P*R2 - P1*R2
(100*I/T) - P*R2 = P1*(R1-R2)
((100*I)-( P*T*R2))/ T = P1*(R1-R2)
P1 = (100*I - P*T*R2) / T*(R1-R2) (R1-R2 = 14 -11 =3)
Find P2 = P - P1
It has Some correction @Phani Kumar .
Given -----> P = P1+P2 (Principle is divided between two)
Sum of interests on P1 and P2 is given as I = SI1+ SI2 = 3508 S11---> Simple interest on P1
SI2 ---> Simple interest on P2
I = ( P1*T1*R1 /100) + (P2*T2*R2/100)
100*I = (P1*T1*R1) + (P2*T2*R2)
But Given T1= T2=T
so,
100*I /T = P1*R1 + P2*R2
= P1*R1 + (P-P1)*R2
= P1*R1 + P*R2 - P1*R2
(100*I/T) - P*R2 = P1*(R1-R2)
((100*I)-( P*T*R2))/ T = P1*(R1-R2)
P1 = (100*I - P*T*R2) / T*(R1-R2) (R1-R2 = 14 -11 =3)
Find P2 = P - P1
(1)
Punna vandana said:
8 years ago
Please, can anyone explain this problem in percentages?
Dhilip said:
8 years ago
It is a PTR/100 formula total SI is given we find amount invested in B so subtract x from p here x is an amount invested and p total amount. Two different scheme so we add two amount and the SI is placed other side by the formula
SI=P*R*T/100.
SI=P*R*T/100.
Manish Kumar said:
7 years ago
In this question money is divided into two parts. On one part he got 14% interest and on other part he got 11%.
The difference is 3%(14%-11%) in one year.
If we got 14% on both then 14% of 13900 = 1946.
But we got interest 3504 which is in two years so in one year 3504/2 =1754.
The difference is 1946-1754=192.
So we got 3% difference on 192.
3% =192.
1%=192/3=64.
100%=6400.
So, one part is 6400 and other (13900-6400) = 7500.
The difference is 3%(14%-11%) in one year.
If we got 14% on both then 14% of 13900 = 1946.
But we got interest 3504 which is in two years so in one year 3504/2 =1754.
The difference is 1946-1754=192.
So we got 3% difference on 192.
3% =192.
1%=192/3=64.
100%=6400.
So, one part is 6400 and other (13900-6400) = 7500.
Sreelatha said:
7 years ago
C let us assume that principle invested in a is x.
& b be y.
The total amt invested is 13900,
so x+y=13900 or y=13900-x,
by using formula i=ptr/100,
x*14*2/100 + y*11*2/100,
= 28x/100+22y/100=3508,
28x+22y=350800,
Substitution of y frm 1
28x+22(13900-x) = 350800 now solve.
& b be y.
The total amt invested is 13900,
so x+y=13900 or y=13900-x,
by using formula i=ptr/100,
x*14*2/100 + y*11*2/100,
= 28x/100+22y/100=3508,
28x+22y=350800,
Substitution of y frm 1
28x+22(13900-x) = 350800 now solve.
(2)
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