A person invested some account at the rate of 12% simple interest and a certain amount at rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested,he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?

  • 1Rs. 400
  • 2Rs. 500
  • 3Rs. 700
  • 4Rs. 800
Answer:- 1
Explanation:-

Solution:
Let the amount invested at 12% be Rs. x and that invested at 10% be Rs. y
Then,12%of x+10%of y=13012x+10y=130006x+5y=6500......(i)And,10%of x+12%of y=13410x+12y=134005x+6y=6700......(ii)Adding (i) and (ii), we get:11(x+y)=13200x+y=1200.......(iii)Subtracting (i) from (ii),we get: x+y=200.......(iv)Adding (iii) and (iv), we get:2y=1400ory=700.Hence,Amount invested at12%=(1200700)=Rs. 500.

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
Let the amount invested at 12% be Rs. x and that invested at 10% be Rs. y
Then,12%of x+10%of y=13012x+10y=130006x+5y=6500......(i)And,10%of x+12%of y=13410x+12y=134005x+6y=6700......(ii)Adding (i) and (ii), we get:11(x+y)=13200x+y=1200.......(iii)Subtracting (i) from (ii),we get: x+y=200.......(iv)Adding (iii) and (iv), we get:2y=1400ory=700.Hence,Amount invested at12%=(1200700)=Rs. 500.
", "dateCreated": "7/24/2019 10:09:12 AM" } }
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