Sudeep invested $\frac{1}{8}$ of a certain sum at 5% p.a. for two years and $\frac{3}{5}$ of the sum at 6% p.a. for two years and the remaining at 10% p.a. for two years. If the total interest received is ₹1,674, then the total sum invested is: |
₹10,500 ₹12,500 ₹12,000 ₹13,000 |
₹12,000 |
Let Principal (P) = 100 Principal for Part 1 at 5% for 2 years= \(\frac{1}{8}\) × 100= 12.5 Principal for Part 2 at 6% for 2 years= \(\frac{3}{5}\) × 100= 60 Remaining Principal for Part 3 at 5% for 2 years= 100- 12.5- 60= 27.5
⇒ Total Interest = \(\frac{ 12.5 × 8 × 2 }{100}\) + \(\frac{ 60× 6 × 2 }{100}\) + \(\frac{ 27.5 × 10 × 2 }{100}\) ⇒ Total Interest = 1.25 + 7.2+ 5.5 = 12.85 ATQ 13.95 part = Rs 1674 ⇒ 1 part = Rs 120 ⇒ 100 part = Rs 12000 |