Difficulty: Easy
Correct Answer: Rs. 3000 and Rs. 2000
Explanation:
Introduction / Context:
We distribute a fixed principal between two simple-interest rates. Using total interest over a known time period allows solving for the split uniquely by linear equations.
Given Data / Assumptions:
Concept / Approach:
Let x be the amount at 3% and (5000 − x) at 8%. Total interest = 3-year interest at 3% plus 3-year interest at 8%. Solve the resulting linear equation for x and then compute the remainder.
Step-by-Step Solution:
Interest = x*0.03*3 + (5000 − x)*0.08*3.= 0.09x + 0.24(5000 − x) = 0.09x + 1200 − 0.24x.Total = 1200 − 0.15x = 750 ⇒ 0.15x = 450 ⇒ x = ₹ 3000.Remainder = ₹ 2000 at 8%.
Verification / Alternative check:
3-year interest: 3000*0.03*3 = 270; 2000*0.08*3 = 480; total = 750, which matches the given.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
Rs. 3000 and Rs. 2000
Discussion & Comments