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Home Aptitude Simple Interest See What Others Are Saying!
  • Question
  • Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?


  • Options
  • A. Rs. 6400
  • B. Rs. 6500
  • C. Rs. 7200
  • D. Rs. 7500
  • E. None of these

  • Correct Answer
  • Rs. 6400 

    Explanation
    Let the sum invested in Scheme A be Rs. x and that in Scheme B be Rs. (13900 - x ).
    Then, x x 14 x 2 + (13900 - x) x 11 x 2 = 3508
    100 100

    ⟹ 28x - 22x = 350800 - (13900 x 22)

    ⟹ 6x = 45000

    x = 7500.

    So, sum invested in Scheme B = Rs. (13900 - 7500) = Rs. 6400.


  • More questions

    • 1. 
      A, B and C are employed to do a piece of work for $575. A and C are supposed to finish 19 / 23 of the work together. Amount shall be paid to B is:

    • Options
    • A. $210
    • B. $100
    • C. $200
    • D. $475
    • Discuss
    • 2. Which one of the following can't be the square of natural number?

    • Options
    • A. 32761
    • B. 81225
    • C. 42437
    • D. 20164
    • E. None of these
    • Discuss
    • 3. 
      A number gets reduced to its one-third, when 48 is subtracted from it. What is two-third of that number?

    • Options
    • A. 24
    • B. 72
    • C. 36
    • D. None of these
    • Discuss
    • 4. 100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:

    • Options
    • A. 14 27% gain
    • B. 15% gain
    • C. 14 27% loss
    • D. 15 % loss
    • Discuss
    • 5. 
      E being always in the middle.

    • Options
    • A. 18 ways
    • B. 24 ways
    • C. 48 ways
    • D. 20 ways
    • Discuss
    • 6. A train 240 m long passes a pole in 24 seconds. How long will it take to pass a platform 650 m long?

    • Options
    • A. 65 sec
    • B. 89 sec
    • C. 100 sec
    • D. 150 sec
    • Discuss
    • 7. 
      X can completed a job in 12 days. If X and Y work together, they can complete the job in 6 2/ 3 days, Y alone can complete the job in

    • Options
    • A. 10 days
    • B. 12 days
    • C. 15 days
    • D. 18 days
    • Discuss
    • 8. Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

    • Options
    • A. 3.6
    • B. 6
    • C. 18
    • D. Cannot be determined
    • E. None of these
    • Discuss
    • 9. Two trains are running at 40 km/hr and 20 km/hr respectively in the same direction. Fast train completely passes a man sitting in the slower train in 5 seconds. What is the length of the fast train?

    • Options
    • A. 23 m
    • B. 23 29 m
    • C. 27 79 m
    • D. 29 m
    • Discuss
    • 10. 
      Find the number of ways, in which 12 different beads can be arranged to form a necklace .

    • Options
    • A. 11 !/2
    • B. 10 !/2
    • C. 12 !/2
    • D. Couldn't be determined
    • Discuss


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