Diksha Vishwakarma
Diksha Vishwakarma
7 years ago

A man invested ₹ 35000 a part of it at an annual interest rate of 12% and the rest at 14%. If he received a total annual interest of ₹ 4460 how much did he invest at each rate?

Solution(By Examveda Team)

Let the amount invested at 14% be ₹ 100X

Amount invested at 12% is ₹ ( 35000 - 100X )

Interest earned = 14X + 4200 - 12X = 4460

2X = 260

X = 130

₹ 13000 @ 14% + ₹ 22000 @ 12%

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