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Q.

Bhagwati inherited Rs. 12000.00, she invested part of it as 10 % and the rest at 12 %. Her annual income from these investments is Rs. 1280.00. How much did she invest each rate?


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a

8000 & 4000 

b

4000 & 4000 

c

2000 & 4000 

d

8000 & 2000  

answer is A.

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Detailed Solution

Given,
Overall money = 12000 Rs.
Suppose that, 1st investment = x Rs.
So, the 2nd investment  =(12000-x)Rs
Now, she earns 10% on first investment. Thus,
1st income =10100×x=x10
She earns 12% on second investment. Thus,
2nd income =12100(12000-x)
Now, total income is Rs. 1280. So,
 10x100+12100(12000-x)=1280
 10x+144000-12x=128000 
 144000-128000=2x 
 x=160002
x=8000 
12000-x=4000  Investments are 8000 & 4000 Rs.
Option 1 is correct.
 
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