A man invests ₹ 1550 in two parts, one part at the rate of 8 % interest and…

2024

A man invests ₹ 1550 in two parts, one part at the rate of 8 % interest and another part at the rate of 6 %. If the total interest earned in one year is ₹ 106, find the amount invested at each rate of interest, respectively.

Answer: A. ₹ 650 and ₹ 900Concept: For a one-year deposit, simple interest is I = P × R / 100, where P is the principal and R is the annual rate in percent. When a single sum is split…

  1. A.

    ₹ 650 and ₹ 900

  2. B.

    ₹ 700 and ₹ 850

  3. C.

    ₹ 750 and ₹ 800

  4. D.

    ₹ 800 and ₹ 750

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Show answer & explanation

Correct answer: A

Concept: For a one-year deposit, simple interest is I = P × R / 100, where P is the principal and R is the annual rate in percent. When a single sum is split into two parts placed at different rates, two conditions hold together: the two parts add back to the original sum, and the total interest is the sum of the interest earned by each part separately. Naming one part x turns those two conditions into a single linear equation in one unknown.

Application:

  1. Let ₹x be the part invested at 8% per annum.

  2. The remaining part, invested at 6% per annum, is then ₹(1550 − x).

  3. Interest from the first part in one year = x × 8/100 = 0.08x.

  4. Interest from the second part in one year = (1550 − x) × 6/100 = 93 − 0.06x.

  5. The total interest for the year is ₹106, so 0.08x + 93 − 0.06x = 106.

  6. Combining like terms gives 0.02x = 13, hence x = 13 ÷ 0.02 = 650.

  7. Substituting back, the remaining part is ₹1550 − ₹650 = ₹900.

Cross-check: ₹650 at 8% earns 650 × 8/100 = ₹52 and ₹900 at 6% earns 900 × 6/100 = ₹54; these add to ₹106, and the parts themselves add to ₹1550, so both given conditions are satisfied. Working out every offered split makes the difference explicit:

Split (at 8%, at 6%)

Interest at 8%

Interest at 6%

Total for one year

₹650, ₹900

₹52

₹54

₹106

₹700, ₹850

₹56

₹51

₹107

₹750, ₹800

₹60

₹48

₹108

₹800, ₹750

₹64

₹45

₹109

Because the amounts are asked in the order in which the rates are quoted — the 8% part first and the 6% part second — the required amounts are ₹650 and ₹900.

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