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Sri invested some amount(x) at the rate of 12% simple interest and a certain amount(y) at the rate of 10% simple interest. He received yearly interest of Rs.140. But if he had interchanged the amounts invested, he would have received Rs.4 more as interest.
Quantity I: The value of x
Quantity II: The value of y
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < Quantity II
  • c)
    Quantity I ≥ Quantity II
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II or relation cannot be established
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Sri invested some amount(x) at the rate of 12% simple interest and a c...
Amount invested at 12% = Rs. x Amount invested at 10% = Rs. y
140 = x*12*1/100 + y*10*1/100
12x + 10y = 14000 -(i)
144 = x*10*1/100 + y*12*1/100
10x + 12y = 14400 -(ii)
x = 545.45; y = 745.45
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Sri invested some amount(x) at the rate of 12% simple interest and a certain amount(y) at the rate of 10% simple interest. He received yearly interest of Rs.140. But if he had interchanged the amounts invested, he would have received Rs.4 more as interest.Quantity I: The value of xQuantity II: The value of ya)Quantity I > Quantity IIb)Quantity I < Quantity IIc)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or relation cannot be establishedCorrect answer is option 'B'. Can you explain this answer?
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Sri invested some amount(x) at the rate of 12% simple interest and a certain amount(y) at the rate of 10% simple interest. He received yearly interest of Rs.140. But if he had interchanged the amounts invested, he would have received Rs.4 more as interest.Quantity I: The value of xQuantity II: The value of ya)Quantity I > Quantity IIb)Quantity I < Quantity IIc)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or relation cannot be establishedCorrect answer is option 'B'. 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 Sri invested some amount(x) at the rate of 12% simple interest and a certain amount(y) at the rate of 10% simple interest. He received yearly interest of Rs.140. But if he had interchanged the amounts invested, he would have received Rs.4 more as interest.Quantity I: The value of xQuantity II: The value of ya)Quantity I > Quantity IIb)Quantity I < Quantity IIc)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or relation cannot be establishedCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sri invested some amount(x) at the rate of 12% simple interest and a certain amount(y) at the rate of 10% simple interest. He received yearly interest of Rs.140. But if he had interchanged the amounts invested, he would have received Rs.4 more as interest.Quantity I: The value of xQuantity II: The value of ya)Quantity I > Quantity IIb)Quantity I < Quantity IIc)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or relation cannot be establishedCorrect answer is option 'B'. Can you explain this answer?.
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