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An amount of Rs. 680 was invested at 6% rate of interest and another sum of money was invested at 10% interest. If the average interest on the total at the end of the year was 7.5%, how much was invested at 10%?
Answer & Solution
Correct Answer:
Option
A

Now, $$\frac{{680}}{x} = \frac{{2.5}}{{1.5}}$$ Or, $$x = \frac{{680 \times 3}}{5}$$ Hence, x = Rs. 408
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LoginCheap price. Costly price
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Cheap commodity : costly commodity ratio
That is 2.5:1.5
Or 5:3
So acc to the formula ratio for 10% is 3
Then we will ger 3*680/8= 255/-
How did u do that...pls explain