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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?
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Most Upvoted Answer
A sum of Rs. ‘5p’ is invested in scheme A for 5 years and a sum of Rs....
Total Investment in Schemes
- The amount invested in scheme A: Rs. 5p
- The amount invested in scheme B: Rs. 8p
Interest Rate and Time Duration
- Scheme A duration: 5 years
- Scheme B duration: 2 years
Relationship Between Interest from Both Schemes
- The interest from scheme B is 25% more than that from scheme A.
- The amount from scheme B is 50% more than that from scheme A.
Difference Between Investments
- The difference between the investments in the two schemes is Rs. 4200.
Setting Up the Equations
1. Let the interest from scheme A be I_A and from scheme B be I_B.
- I_B = I_A + 0.25 * I_A = 1.25 * I_A
2. The amount from scheme A (A_A) and scheme B (A_B):
- A_B = 1.5 * A_A
- Thus, 8p = 1.5 * (5p) which simplifies to 8p = 7.5p. This is consistent.
3. The difference in investment:
- 8p - 5p = 3p = 4200
- Therefore, p = 1400.
Calculating Total Interest
- Amount invested in scheme A: 5p = 7000
- Amount invested in scheme B: 8p = 11200
- Assuming the rate of interest for both schemes is R%:
- Interest from scheme A: I_A = (7000 * R * 5) / 100
- Interest from scheme B: I_B = (11200 * R * 2) / 100
Using the relationship between the interests, we can solve for R and subsequently find I_A and I_B.
Total Interest from Both Schemes
1. Calculate I_A and I_B using R (found through solving).
2. Finally, total interest = I_A + I_B.
The total interest from both schemes will be the sum derived from the calculations above.
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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 inscheme B for 2 years. The total interest from scheme B is 25% more than that from scheme Aand the amount from scheme B is 50% more than that from scheme A. If the difference betweenthe sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.)obtained from both the schemes?
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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 inscheme B for 2 years. The total interest from scheme B is 25% more than that from scheme Aand the amount from scheme B is 50% more than that from scheme A. If the difference betweenthe sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.)obtained from both the schemes? for Bank Exams 2025 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams 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 inscheme B for 2 years. The total interest from scheme B is 25% more than that from scheme Aand the amount from scheme B is 50% more than that from scheme A. If the difference betweenthe sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.)obtained from both the schemes? covers all topics & solutions for Bank Exams 2025 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 inscheme B for 2 years. The total interest from scheme B is 25% more than that from scheme Aand the amount from scheme B is 50% more than that from scheme A. If the difference betweenthe sum of money invested in the two schemes is Rs. 4200, what is the total interest (in Rs.)obtained from both the schemes?.
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