Quant Exam > Quant Questions > A portion of Rs.8500 is invested at a8% per a...
Start Learning for Free
A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?
- a)Rs.350
- b)Rs.370
- c)Rs.450
- d)Rs.480
- e)Rs.520
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
A portion of Rs.8500 is invested at a8% per annum, while the remainder...
Answer –D.Rs.480 Explanation : 8x + 3y = z (Total Income) x + y = 8500 -(1) 8x= 3(3y) 8x – 9y = 0 -(2) By solving (1) and (2) we get, x = 4500 so y = 4000 (4500*8*1)/100 + (4000*3*1)/100 = 360 + 120 = 480
Most Upvoted Answer
A portion of Rs.8500 is invested at a8% per annum, while the remainder...
Given information:
- A portion of Rs. 8500 is invested at 8% per annum.
- The remainder is invested at 3% per annum.
- The income from the portion earning 8% per annum is thrice that of the other portion.
To find:
- The total income from the two investments after one year.
Let's assume the amount invested at 8% per annum is x and the amount invested at 3% per annum is (8500 - x).
First, we need to find the income from both portions.
Income from the portion invested at 8% per annum = (x) * (8/100) = 8x/100
Income from the portion invested at 3% per annum = (8500 - x) * (3/100) = (25500 - 3x)/100
According to the given information, the income from the portion invested at 8% per annum is three times the income from the portion invested at 3% per annum. Mathematically, we can represent this as:
8x/100 = 3 * (25500 - 3x)/100
Let's solve this equation to find the value of x.
8x = 3 * (25500 - 3x)
8x = 76500 - 9x
17x = 76500
x = 4500
Now we can calculate the income from both portions:
Income from the portion invested at 8% per annum = 8 * 4500/100 = Rs. 360
Income from the portion invested at 3% per annum = 3 * (25500 - 3 * 4500)/100 = Rs. 120
Finally, we can find the total income from both investments:
Total income = Income from the portion invested at 8% per annum + Income from the portion invested at 3% per annum
Total income = 360 + 120 = Rs. 480
Therefore, the total income from the two investments after one year is Rs. 480.
- A portion of Rs. 8500 is invested at 8% per annum.
- The remainder is invested at 3% per annum.
- The income from the portion earning 8% per annum is thrice that of the other portion.
To find:
- The total income from the two investments after one year.
Let's assume the amount invested at 8% per annum is x and the amount invested at 3% per annum is (8500 - x).
First, we need to find the income from both portions.
Income from the portion invested at 8% per annum = (x) * (8/100) = 8x/100
Income from the portion invested at 3% per annum = (8500 - x) * (3/100) = (25500 - 3x)/100
According to the given information, the income from the portion invested at 8% per annum is three times the income from the portion invested at 3% per annum. Mathematically, we can represent this as:
8x/100 = 3 * (25500 - 3x)/100
Let's solve this equation to find the value of x.
8x = 3 * (25500 - 3x)
8x = 76500 - 9x
17x = 76500
x = 4500
Now we can calculate the income from both portions:
Income from the portion invested at 8% per annum = 8 * 4500/100 = Rs. 360
Income from the portion invested at 3% per annum = 3 * (25500 - 3 * 4500)/100 = Rs. 120
Finally, we can find the total income from both investments:
Total income = Income from the portion invested at 8% per annum + Income from the portion invested at 3% per annum
Total income = 360 + 120 = Rs. 480
Therefore, the total income from the two investments after one year is Rs. 480.
|
Explore Courses for Quant exam
|
|
Similar Quant Doubts
A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer?
Question Description
A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer?.
A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer?.
Solutions for A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant.
Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A portion of Rs.8500 is invested at a8% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 8% per annum is thrice that of the other portion, what is the total income from the two investments after one year?a)Rs.350b)Rs.370c)Rs.450d)Rs.480e)Rs.520Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Quant tests.
|
|
Explore Courses for Quant exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup