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 9 of 12.

Yuki said:   4 years ago
Thanks all for explaining the answer clearly.
(8)

Viji said:   1 decade ago
Please explain how do you get 7500 and 6400.

Lakshman said:   10 years ago
Anyone please can explain how it came 45000?

Ramesh k said:   9 years ago
Can any one one solve this in simple method?

Kasamsetty Deepshika said:   4 years ago
What if I take A as 13900-x? Please explain.
(8)

Saurabh chavan said:   9 years ago
Please, anybody explain it in a simple way.

Sumit said:   9 years ago
Please explain me. I can't understand this.

Soumya said:   9 years ago
Can anyone explain it in Alligation method?

Lucy said:   8 years ago
350800 - (13900 x 22) =45000 How its came?

Maheswaran said:   9 years ago
Thanks for the solution and explanations.


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