Multiple choice

₹5,000 is divided into two parts such that if one part is invested at 4% and the other at 5%, then the whole annual interest from both the sums is ₹ 223 . How much was invested at 4% ?

  1. ₹ 2,600

  2. ₹ 2,700

  3. ₹ 2,400

  4. ₹ 2,300

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let x be invested at 4% and (5000-x) at 5%. Interest: 0.04x + 0.05(5000-x) = 223. Solving: 0.04x + 250 - 0.05x = 223, so -0.01x = -27, giving x = 2700. Verification: ₹108 from 4% + ₹115 from 5% = ₹223.