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Aniket deposited two parts of a sum of 2...

Aniket deposited two parts of a sum of 25000 in different banks at the rates of 15% per annum and 18% per annum respectively. In one year he got 4050 as the total interest. What was the amount deposited at the rate of 18% per annum?

A

10000

B

18000

C

15000

D

None of these

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to find out how much Aniket deposited at the rate of 18% per annum. ### Step 1: Define the variables Let: - \( x \) = amount deposited at 15% per annum - \( y \) = amount deposited at 18% per annum From the problem, we know: - \( x + y = 25000 \) (total amount deposited) ### Step 2: Set up the interest equation The total interest earned from both deposits in one year is given as 4050. The interest from each deposit can be calculated as: - Interest from \( x \) at 15% = \( \frac{15}{100} \times x \) - Interest from \( y \) at 18% = \( \frac{18}{100} \times y \) Thus, the total interest equation can be written as: \[ \frac{15}{100} x + \frac{18}{100} y = 4050 \] ### Step 3: Simplify the interest equation To eliminate the fractions, multiply the entire equation by 100: \[ 15x + 18y = 405000 \] ### Step 4: Solve the system of equations Now we have a system of two equations: 1. \( x + y = 25000 \) 2. \( 15x + 18y = 405000 \) From the first equation, we can express \( y \) in terms of \( x \): \[ y = 25000 - x \] Substituting \( y \) in the second equation: \[ 15x + 18(25000 - x) = 405000 \] ### Step 5: Expand and simplify Expanding the equation: \[ 15x + 450000 - 18x = 405000 \] Combine like terms: \[ -3x + 450000 = 405000 \] ### Step 6: Isolate \( x \) Subtract 450000 from both sides: \[ -3x = 405000 - 450000 \] \[ -3x = -45000 \] Now, divide by -3: \[ x = 15000 \] ### Step 7: Find \( y \) Now substitute \( x \) back into the equation for \( y \): \[ y = 25000 - 15000 = 10000 \] ### Step 8: Conclusion The amount deposited at the rate of 18% per annum is \( y = 10000 \). ### Final Answer The amount deposited at the rate of 18% per annum is **10,000**. ---
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