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Monika deposits Rs. 8000 partly at 10% a...

Monika deposits Rs. 8000 partly at `10%` and partly at `15%` interest for one year in a bank. If she gets an interest of Rs. 950 at the end of one year the amount deposits at `15%` is-

A

Rs. 3000 less than deposited at `10%`

B

Rs. 1250 less than deposited at `10%`

C

Rs. 500 less than deposited at `10%`

D

Rs. 1500 less than deposited at `10%`

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The correct Answer is:
To solve the problem, we need to determine how much Monika deposited at 15% interest. Let's denote the amount deposited at 10% as \( x \) and the amount deposited at 15% as \( 8000 - x \). ### Step-by-Step Solution: 1. **Define Variables:** Let the amount deposited at 10% be \( x \). Therefore, the amount deposited at 15% will be \( 8000 - x \). 2. **Calculate Interest from Each Deposit:** The interest earned from the amount deposited at 10% for one year is: \[ \text{Interest at 10%} = \frac{10}{100} \times x = 0.1x \] The interest earned from the amount deposited at 15% for one year is: \[ \text{Interest at 15%} = \frac{15}{100} \times (8000 - x) = 0.15(8000 - x) \] 3. **Set Up the Equation:** According to the problem, the total interest earned from both deposits is Rs. 950. Therefore, we can set up the equation: \[ 0.1x + 0.15(8000 - x) = 950 \] 4. **Simplify the Equation:** First, distribute the \( 0.15 \): \[ 0.1x + 1200 - 0.15x = 950 \] Combine like terms: \[ -0.05x + 1200 = 950 \] 5. **Isolate \( x \):** Subtract 1200 from both sides: \[ -0.05x = 950 - 1200 \] \[ -0.05x = -250 \] Now, divide both sides by -0.05: \[ x = \frac{-250}{-0.05} = 5000 \] 6. **Calculate the Amount Deposited at 15%:** Now, substitute \( x \) back to find the amount deposited at 15%: \[ \text{Amount at 15%} = 8000 - x = 8000 - 5000 = 3000 \] ### Final Answer: The amount deposited at 15% is **Rs. 3000**.
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