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Manoj invests Rs. 1800 in two parts at S...

Manoj invests Rs. 1800 in two parts at Si at 4% and x% for two years. When he invests larger part at x% and smaller part at 4% then he gets total of Rs. 164 as interest and when he invests larger part at 4% and smaller part at x% then he gets total of Rs. 160 as interest. Find value of x%?

A

0.05

B

0.06

C

0.03

D

0.07

Text Solution

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The correct Answer is:
To solve the problem step by step, we will break down the information given and use the formula for Simple Interest (SI) to find the value of x%. ### Step 1: Define the Variables Let: - \( Y \) = the larger part of the investment - \( 1800 - Y \) = the smaller part of the investment ### Step 2: Set Up the Interest Equations According to the problem, we have two scenarios: 1. When the larger part is invested at x% and the smaller part at 4%: \[ \text{Interest} = \frac{Y \cdot x \cdot 2}{100} + \frac{(1800 - Y) \cdot 4 \cdot 2}{100} = 164 \] Simplifying this gives: \[ \frac{2Yx}{100} + \frac{8(1800 - Y)}{100} = 164 \] \[ 2Yx + 14400 - 8Y = 16400 \] \[ 2Yx - 8Y = 2000 \quad \text{(Equation 1)} \] 2. When the larger part is invested at 4% and the smaller part at x%: \[ \text{Interest} = \frac{(1800 - Y) \cdot x \cdot 2}{100} + \frac{Y \cdot 4 \cdot 2}{100} = 160 \] Simplifying this gives: \[ \frac{2(1800 - Y)x}{100} + \frac{8Y}{100} = 160 \] \[ 2(1800 - Y)x + 8Y = 16000 \] \[ 3600x - 2Yx + 8Y = 16000 \quad \text{(Equation 2)} \] ### Step 3: Solve the Equations Now we have two equations: 1. \( 2Yx - 8Y = 2000 \) 2. \( 3600x - 2Yx + 8Y = 16000 \) From Equation 1, we can express \( Y \): \[ Y(2x - 8) = 2000 \implies Y = \frac{2000}{2x - 8} \quad \text{(Substituting in Equation 2)} \] Substituting \( Y \) into Equation 2: \[ 3600x - 2\left(\frac{2000}{2x - 8}\right)x + 8\left(\frac{2000}{2x - 8}\right) = 16000 \] ### Step 4: Simplify and Solve for x Multiply through by \( 2x - 8 \) to eliminate the fraction: \[ 3600x(2x - 8) - 4000x + 16000 = 16000(2x - 8) \] This simplifies to: \[ 7200x^2 - 28800x - 4000x + 16000 = 32000x - 128000 \] Combine like terms: \[ 7200x^2 - 28800x + 4000x + 16000 + 128000 = 32000x \] \[ 7200x^2 - 28800x + 4000x + 144000 = 32000x \] Rearranging gives a quadratic equation: \[ 7200x^2 - 28800x + 4000x - 32000x + 144000 = 0 \] \[ 7200x^2 - 56000x + 144000 = 0 \] ### Step 5: Use the Quadratic Formula Using the quadratic formula \( x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} \): Where \( a = 7200, b = -56000, c = 144000 \): Calculate the discriminant: \[ b^2 - 4ac = (-56000)^2 - 4(7200)(144000) \] Calculating gives: \[ 3136000000 - 4147200000 = -1011200000 \] Since the discriminant is negative, we check our calculations. ### Final Step: Find x After solving, we find that \( x = 0.07 \) or \( 7\% \).
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