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A man invested Rs.P in three different s...

A man invested Rs.P in three different schemes - A, B and C in the ratio 2:1:3 respectively. He invested in scheme A at the rate of 10% p.a. at Si for 2 years, in scheme B at the rate of 5% p.a at C.I compounded annually for 2 years and in scheme C at the rate of 6% p.a at CI compounded half yearly for 1 year and received total interest of Rs. 6852. Find the value of P.

A

Rs.60000

B

Rs.72000

C

Rs.48000

D

Rs.120000

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To solve the problem step by step, we will follow the given information and apply the formulas for simple interest and compound interest. ### Step 1: Determine the amounts invested in each scheme The man invested in three schemes A, B, and C in the ratio 2:1:3. Let the total investment be Rs. P. Therefore, the amounts invested in each scheme are: - Scheme A: \( \frac{2}{6}P = \frac{P}{3} \) - Scheme B: \( \frac{1}{6}P = \frac{P}{6} \) - Scheme C: \( \frac{3}{6}P = \frac{P}{2} \) ### Step 2: Calculate the interest from Scheme A Scheme A has a principal of \( \frac{P}{3} \), a rate of 10% per annum, and the time period is 2 years. The formula for simple interest (SI) is: \[ SI = \frac{P \times R \times T}{100} \] Substituting the values: \[ SI_A = \frac{\left(\frac{P}{3}\right) \times 10 \times 2}{100} = \frac{20P}{300} = \frac{P}{15} \] ### Step 3: Calculate the interest from Scheme B Scheme B has a principal of \( \frac{P}{6} \), a rate of 5% per annum, and the time period is 2 years. The formula for compound interest (CI) is: \[ A = P \left(1 + \frac{R}{100}\right)^T \] Substituting the values: \[ A_B = \frac{P}{6} \left(1 + \frac{5}{100}\right)^2 = \frac{P}{6} \left(1.05\right)^2 = \frac{P}{6} \times 1.1025 = \frac{1.1025P}{6} \] The interest from Scheme B is: \[ SI_B = A_B - \text{Principal} = \frac{1.1025P}{6} - \frac{P}{6} = \frac{1.1025P - P}{6} = \frac{0.1025P}{6} \] ### Step 4: Calculate the interest from Scheme C Scheme C has a principal of \( \frac{P}{2} \), a rate of 6% per annum compounded half-yearly for 1 year. The rate for half-yearly compounding is \( \frac{6}{2} = 3\% \) and the time becomes \( 2 \) half-years. Using the compound interest formula: \[ A_C = \frac{P}{2} \left(1 + \frac{3}{100}\right)^2 = \frac{P}{2} \left(1.03\right)^2 = \frac{P}{2} \times 1.0609 = \frac{1.0609P}{2} \] The interest from Scheme C is: \[ SI_C = A_C - \text{Principal} = \frac{1.0609P}{2} - \frac{P}{2} = \frac{1.0609P - P}{2} = \frac{0.0609P}{2} \] ### Step 5: Sum up the total interest The total interest received from all three schemes is given as Rs. 6852. Therefore, we can write: \[ SI_A + SI_B + SI_C = 6852 \] Substituting the values we calculated: \[ \frac{P}{15} + \frac{0.1025P}{6} + \frac{0.0609P}{2} = 6852 \] ### Step 6: Find a common denominator and solve for P The common denominator for 15, 6, and 2 is 30. Rewriting each term: \[ \frac{2P}{30} + \frac{0.1025P \times 5}{30} + \frac{0.0609P \times 15}{30} = 6852 \] Calculating the coefficients: \[ \frac{2P + 0.5125P + 0.9135P}{30} = 6852 \] \[ \frac{3.426P}{30} = 6852 \] Multiplying both sides by 30: \[ 3.426P = 205560 \] Finally, solving for P: \[ P = \frac{205560}{3.426} \approx 60000 \] ### Conclusion The value of P is Rs. 60,000.
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