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Arya and Sonu invested Rs 5400 and Rs 72...

Arya and Sonu invested Rs 5400 and Rs 7200 for 4 years and 3 years respectively. It the total simple interest received by both of them is 3456 and the rate charged by them is in the ratio of 3 : 5. At what rate did Arya invest the money

A

`11%`

B

`8%`

C

`6%`

D

`9%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the information given in the question and apply the formula for simple interest. ### Step 1: Identify the given values - Arya's investment (Principal, P1) = Rs 5400 - Sonu's investment (Principal, P2) = Rs 7200 - Time for Arya (T1) = 4 years - Time for Sonu (T2) = 3 years - Total Simple Interest (SI) = Rs 3456 - Rate of interest ratio = 3:5 ### Step 2: Define the rates of interest Let Arya's rate of interest be \(3x\) and Sonu's rate of interest be \(5x\). ### Step 3: Write the formula for Simple Interest The formula for Simple Interest is: \[ SI = \frac{P \times R \times T}{100} \] Using this formula, we can calculate the Simple Interest for both Arya and Sonu. ### Step 4: Calculate Simple Interest for Arya and Sonu - Simple Interest for Arya (SI1): \[ SI1 = \frac{5400 \times (3x) \times 4}{100} = \frac{64800x}{100} = 648x \] - Simple Interest for Sonu (SI2): \[ SI2 = \frac{7200 \times (5x) \times 3}{100} = \frac{108000x}{100} = 1080x \] ### Step 5: Set up the equation for total Simple Interest According to the problem, the total Simple Interest from both Arya and Sonu is Rs 3456: \[ SI1 + SI2 = 3456 \] Substituting the values we calculated: \[ 648x + 1080x = 3456 \] \[ 1728x = 3456 \] ### Step 6: Solve for \(x\) To find \(x\), divide both sides by 1728: \[ x = \frac{3456}{1728} = 2 \] ### Step 7: Calculate Arya's rate of interest Now that we have \(x\), we can find Arya's rate of interest: \[ \text{Arya's rate} = 3x = 3 \times 2 = 6\% \] ### Final Answer Arya invested the money at a rate of **6%**. ---
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