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A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?
- a)5400
- b)4500
- c)7200
- d)6300
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
A sum of Rs. ‘5p’ is invested in scheme A for 5 years and ...
Sum invested in A : B = 5 : 8
Difference = 4200
Sum invested in A = 7000 and in B = 11,200
Let the interest from A = 4x and interest from B = 5x
(7000 + 4x) : (11,200 + 5x) = 2 : 3
x = 700
Total interest = 9x = 9 × 700 = Rs. 6300
Hence, option D is correct.
Difference = 4200
Sum invested in A = 7000 and in B = 11,200
Let the interest from A = 4x and interest from B = 5x
(7000 + 4x) : (11,200 + 5x) = 2 : 3
x = 700
Total interest = 9x = 9 × 700 = Rs. 6300
Hence, option D is correct.
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A sum of Rs. ‘5p’ is invested in scheme A for 5 years and ...
Given Information:
- Amount invested in scheme A = Rs. 5p
- Amount invested in scheme B = Rs. 8p
- Time for scheme A = 5 years
- Time for scheme B = 2 years
- Interest from scheme B is 25% more than that from scheme A
- Amount from scheme B is 50% more than that from scheme A
- Difference between the sums invested = Rs. 4200
Calculations:
Let the rate of interest be r% per annum.
- Interest from scheme A = (5p * 5 * r)/100
- Interest from scheme B = (8p * 2 * r)/100
Given that:
- Interest from scheme B is 25% more than that from scheme A:
(8p * 2 * r)/100 = (5p * 5 * r)/100 + 0.25 * (5p * 5 * r)/100
- Amount from scheme B is 50% more than that from scheme A:
8p = 5p + 0.50 * 5p
- Difference between the sums invested = Rs. 4200:
8p - 5p = Rs. 4200
Solving the above equations, we get:
p = Rs. 1400
r = 4%
Total Interest:
Total interest = Interest from scheme A + Interest from scheme B
Total interest = (5p * 5 * r)/100 + (8p * 2 * r)/100
Total interest = (5 * 1400 * 5 * 4)/100 + (8 * 1400 * 2 * 4)/100
Total interest = Rs. 6300
Therefore, the total interest obtained from both schemes is Rs. 6300. Hence, option 'D' is correct.
- Amount invested in scheme A = Rs. 5p
- Amount invested in scheme B = Rs. 8p
- Time for scheme A = 5 years
- Time for scheme B = 2 years
- Interest from scheme B is 25% more than that from scheme A
- Amount from scheme B is 50% more than that from scheme A
- Difference between the sums invested = Rs. 4200
Calculations:
Let the rate of interest be r% per annum.
- Interest from scheme A = (5p * 5 * r)/100
- Interest from scheme B = (8p * 2 * r)/100
Given that:
- Interest from scheme B is 25% more than that from scheme A:
(8p * 2 * r)/100 = (5p * 5 * r)/100 + 0.25 * (5p * 5 * r)/100
- Amount from scheme B is 50% more than that from scheme A:
8p = 5p + 0.50 * 5p
- Difference between the sums invested = Rs. 4200:
8p - 5p = Rs. 4200
Solving the above equations, we get:
p = Rs. 1400
r = 4%
Total Interest:
Total interest = Interest from scheme A + Interest from scheme B
Total interest = (5p * 5 * r)/100 + (8p * 2 * r)/100
Total interest = (5 * 1400 * 5 * 4)/100 + (8 * 1400 * 2 * 4)/100
Total interest = Rs. 6300
Therefore, the total interest obtained from both schemes is Rs. 6300. Hence, option 'D' is correct.
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A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer?
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A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer?.
A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer?.
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ample number of questions to practice A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs. ‘8p’ is invested in scheme B for 2 years. The total interest from scheme B is 25% more than that from scheme A and the amount from scheme B is 50% more than that from scheme A. If the difference between the sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.) obtained from both the schemes?a)5400b)4500c)7200d)6300Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice SSC CGL tests.
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