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Mr.Thakur ji invested a total amount of ...

Mr.Thakur ji invested a total amount of `Rs.1,39,000` in two different schemes "Dhan Vridhi" and "Dhan Varsha" at the simple interest rate of `14% p.a.` and `11% p.a.` respectively. If the total amount of simple interest earned in `2` years be `Rs.35,080`, what was the amount invested in Scheme Dhan Varsha?

A

Rs.6400

B

Rs.7200

C

Rs.6500

D

Rs.7500

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to determine how much Mr. Thakur ji invested in the "Dhan Varsha" scheme. Let's break it down: ### Step 1: Define Variables Let: - \( X \) = Amount invested in "Dhan Varsha" - \( 139000 - X \) = Amount invested in "Dhan Vridhi" ### Step 2: Write Down the Simple Interest Formula The formula for simple interest (SI) is: \[ SI = \frac{P \times R \times T}{100} \] where: - \( P \) = Principal amount - \( R \) = Rate of interest (in percentage) - \( T \) = Time (in years) ### Step 3: Calculate Simple Interest for Each Scheme For "Dhan Varsha" (11% per annum for 2 years): \[ SI_{Dhan Varsha} = \frac{X \times 11 \times 2}{100} = \frac{22X}{100} = 0.22X \] For "Dhan Vridhi" (14% per annum for 2 years): \[ SI_{Dhan Vridhi} = \frac{(139000 - X) \times 14 \times 2}{100} = \frac{28(139000 - X)}{100} = 0.28(139000 - X) \] ### Step 4: Set Up the Equation According to the problem, the total simple interest earned from both schemes in 2 years is Rs. 35,080. Therefore, we can write: \[ 0.22X + 0.28(139000 - X) = 35080 \] ### Step 5: Simplify the Equation Expanding the equation: \[ 0.22X + 0.28 \times 139000 - 0.28X = 35080 \] Calculating \( 0.28 \times 139000 \): \[ 0.28 \times 139000 = 38920 \] So, the equation becomes: \[ 0.22X + 38920 - 0.28X = 35080 \] ### Step 6: Combine Like Terms Combining the \( X \) terms: \[ (0.22 - 0.28)X + 38920 = 35080 \] This simplifies to: \[ -0.06X + 38920 = 35080 \] ### Step 7: Isolate \( X \) Subtract 38920 from both sides: \[ -0.06X = 35080 - 38920 \] Calculating the right side: \[ 35080 - 38920 = -3820 \] Thus, we have: \[ -0.06X = -3820 \] ### Step 8: Solve for \( X \) Dividing both sides by -0.06: \[ X = \frac{-3820}{-0.06} = 63666.67 \] Since we need to round to the nearest whole number, we have: \[ X \approx 63667 \] ### Step 9: Calculate the Amount Invested in Dhan Varsha Thus, the amount invested in "Dhan Varsha" is approximately Rs. 63,667.
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