Question 66

A person invested in three different schemes A, B and C atthe rates of simple interests-8%, 10% and 12% respectively. The amount invested in the schemeC is equal to 225%- of the amountinvested in scheme A and is also equal to 90% of the amount invested inschemeB. If the total interest earned by him in one yearis Rs. 48,000/-, then the amount “ the’ personinvested in schemeC is (in rupees)

Solution

C = 2.25A = 0.9B 
Hence, A = 4C/9, B = 10C/9 

Total interest earned in one year = 0.08A + 0.1B + 0.12C = 0.0355C + 0.1111C + 0.12C = 0.2666C 
48,000 = 0.2666C 
C = 1,80,000 


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