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Q.
Rs. 50000 is divided into two parts One part is given to a person with 10% interest and another part is given to a person with 20 % interest. At the end of first year he gets profit 7000 Find money given by 10% ?
A.
Rs. 20,000
B.
Rs. 10,000
C.
Rs. 30,000
D.
Rs. 40,000
View Answer
Correct choice: C
Explanation:
Let first part is 'K' and second part is 'L' then K + L = 50000---------eq1 Total profit = profit on x + profit on y 7000 = (K x 10 x 1)/100 + (L x 20 x 1)/100 70000 = K + 2L-----------------------------------eq2 70000 = 50000 + L so L = 20000 then K = 50000 - 20000 = 30000 first part on 10% is = Rs.30000
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