SSC MTS Model Paper 6

Question : 35 of 150

Marks: +1, -0

An amount of Rs.1,00,000 is invested in two types of shares. The first yields an interest of 9% p.a. and 3 the second 11% p.a. If the total interest at the end of one year is 9

3/4

% then the amount invested 4 in each share was:

Rs.52,500, Rs.47,500
Rs.62,500 , Rs.37,500
Rs.72,500, Rs.27,500
Rs.82,500, Rs.17,500

Validate

Solution:

Let the sum invested at 9% be Rs.x and that invested at 11% be Rs. (100000 − x) Then,

( { x × 9 × 1 } /{ 100 } ) + [ { ( 100000 - x ) × 11 × 1 } /{ 100 } ]

= ( 100000 × { 39 }/ { 4 } × { 1 }/ { 100 } )

= 9750
⇒ 2x = (1100000 − 975000)
= 125000
⇒ x = 62500
∴ Sum invested at 9% = Rs. 62,500
Sum invested at 11%
= Rs.(100000 − 62500)
= Rs. 37,500

Go to Question:

Prev Question

Next Question