Question : Rs. 5000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both sums is 223. How much was invested at 4%?
Option 1: Rs. 2600
Option 2: Rs. 2700
Option 3: Rs. 2400
Option 4: Rs. 2300
Latest: SSC CGL 2024 final Result Out | SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL Tier 1 Scorecard 2024 Released | SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: Rs. 2700
Solution : Let the part of the money invested at 4% as \(x\) and the part invested at 5% as $(5000 - x)$. The total annual interest from both investments is Rs. 223. $⇒0.04x + 0.05(5000 - x) = 223$ $⇒0.04x + 250 - 0.05x = 223$ $⇒0.01x = 27$ $\therefore x = \frac{27}{0.01} = 2700$ Hence, the correct answer is Rs. 2700.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : A sum of Rs. 2800 is divided into two parts in such a way that the interest on both parts is equal. If the first part is lent at 9% p.a. for 5 years and the second part is for 6 years at 10% p.a., find the two sums.
Option 1: Rs.1800, Rs.1000
Option 2: Rs.1600, Rs.1200
Option 3: Rs.1400, Rs.1400
Option 4: Rs.1300, Rs.1500
Question : A sum of Rs. 4,000 is lent out in two parts, one at 8% simple interest and the other at 10% simple interest. If the annual interest is Rs. 352, the sum lent at 8% is:
Option 1: Rs. 2,900
Option 2: Rs. 2,200
Option 3: Rs. 2,400
Option 4: Rs. 3,100
Question : Rs. 16,820 is divided between two brothers of age 27 years and 25 years. They invested their money at 5% per annum compound interest in such a way that both will receive equal money at the age of 40 years. The share (in Rs.) of elder brother is:
Option 1: Rs. 8,280
Option 2: Rs. 8,410
Option 3: Rs. 8,820
Option 4: Rs. 8,000
Question : A sum of Rs. 5,000 is divided into two parts such that the simple interest on the first part for $4 \frac{1}{5}$ years at $6 \frac{2}{3} \%$ p.a. is double the simple interest on the second part for $2 \frac{3}{4}$ years at 4% p.a. The ratio of the second part to the first part is:
Option 1: 11:14
Option 2: 11 : 13
Option 3: 14 : 11
Option 4: 13 : 11
Question : A sum of INR 50,250 is divided into two parts such that the simple interest on the first part for $7 \frac{1}{2}$ years at $8 \frac{1}{3} \%$ p.a. is $\frac{5}{2}$ times the simple interest on the second part for $5 \frac{1}{4}$ years at $8 \%$ p.a. What is the difference (in INR ) between the two parts?
Option 1: 10,275
Option 2: 12,750
Option 3: 12,570
Option 4: 15,270
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile