Question
A person invested some account at the rate of 12% simple interest and a certain amount at rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested,he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?
Answer: Option B
Let the amount invested at 12% be Rs. x and that invested at 10% be Rs. y
$$\eqalign{
& \text{Then,} \cr
& \to 12\% \,{\text{of }}x + 10\% \,{\text{of }}y = 130 \cr
& \Rightarrow 12x + 10y = 13000 \cr
& \Rightarrow 6x + 5y = 6500......{\text{(i)}} \cr
& {\text{And,}} \cr
& \to 10\% \,{\text{of }}x + 12\% \,{\text{of }}y = 134 \cr
& \Rightarrow 10x + 12y = 13400 \cr
& \Rightarrow 5x + 6y = 6700......{\text{(ii)}} \cr
& {\text{Adding (i) and (ii), we get:}} \cr
& 11\left( {x + y} \right) = 13200 \cr
& \Rightarrow x + y = 1200.......({\text{iii}}) \cr
& {\text{Subtracting (i) from (ii),}} \cr
& {\text{we get: }} - x + y = 200.......({\text{iv}}) \cr
& {\text{Adding (iii) and (iv), }} \cr
& {\text{we get}}:2y = 1400\,or\,y = 700 \cr
& {\text{Hence,}} \cr
& {\text{Amount invested at 12%}} \cr
& = \left( {1200 - 700} \right) \cr
& = {\text{Rs}}{\text{. 500}} \cr} $$
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Let the amount invested at 12% be Rs. x and that invested at 10% be Rs. y
$$\eqalign{
& \text{Then,} \cr
& \to 12\% \,{\text{of }}x + 10\% \,{\text{of }}y = 130 \cr
& \Rightarrow 12x + 10y = 13000 \cr
& \Rightarrow 6x + 5y = 6500......{\text{(i)}} \cr
& {\text{And,}} \cr
& \to 10\% \,{\text{of }}x + 12\% \,{\text{of }}y = 134 \cr
& \Rightarrow 10x + 12y = 13400 \cr
& \Rightarrow 5x + 6y = 6700......{\text{(ii)}} \cr
& {\text{Adding (i) and (ii), we get:}} \cr
& 11\left( {x + y} \right) = 13200 \cr
& \Rightarrow x + y = 1200.......({\text{iii}}) \cr
& {\text{Subtracting (i) from (ii),}} \cr
& {\text{we get: }} - x + y = 200.......({\text{iv}}) \cr
& {\text{Adding (iii) and (iv), }} \cr
& {\text{we get}}:2y = 1400\,or\,y = 700 \cr
& {\text{Hence,}} \cr
& {\text{Amount invested at 12%}} \cr
& = \left( {1200 - 700} \right) \cr
& = {\text{Rs}}{\text{. 500}} \cr} $$
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