Discussion
Aman got a salary of Rs. 8600. The salary was invested by him in two parts. Find the difference between the two parts of his salary, if in first part he got some simple interest at 15% per annum in 4 years, which was same as the second part which he invested at 20% for 3 years.
Answer: A
\[ \text{SI} = \frac{P \times R \times T}{100} \]
Set the two interests equal and see what it forces.
\[ \frac{p_{1} \times 15 \times 4}{100} = \frac{p_{2} \times 20 \times 3}{100} \]
\[ 0.6\,p_{1} = 0.6\,p_{2} \quad\Longrightarrow\quad p_{1} = p_{2} \]
\[ \text{difference} = \text{Rs. } 0 \]
Both products \( R \times T \) come to 60, so the two schemes are identical and the salary splits exactly in half - Rs. 4300 each.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development