Question:An amount of Rs.100000 is invested in two types of share.The first yields an interest of 9% per annum and the second yields 11% per annum.It the total interest at the end of one year is `9 3/4%`, then the amount invested in each ahare was :
A Rs.72500, Rs. 27500
B Rs.62500, Rs. 37500
C Rs. 52500, Rs.47500
D Rs. 82500, Rs. 17500
+ ExplanationLet the first investment be Rs. x. Then,
`(x xx 9 xx 1)/100 + ((100000 - x) xx 11 xx 1)/100`
`= 100000 xx 39/4 xx 1/100`
`=> (9x)/100 + (1100000 - 11x)/100`
`= (975000)/100`
`=> 1100000 - 2x`
`= 975000 => x = 62500`
:. The two amounts are Rs. 62500 and Rs. 37500