Multiple choice

Bunty invested 3 different amounts Rs. x, y and z at rate of 25%, 10% and 15% respectively for 2 years compounded annually. Compound interest at Rs. x is 465 more than than 50% of the compound interest at Rs. z, whereas the compound interest at Rs. y is 960 less than the 50% of the compound interest at Rs. z. If y – x = Rs. 10,000, then which of the following option's value is less than the total amount invested? (Total amount invested = (x + y + z) (i) 56,525 (ii) 60.658 (iii) 61,620 (iv) 62,650 (v) 65,600

  1. Only (i), (ii) and (iii)

  2. Only (i) and (ii)

  3. Only (i), (ii), (iii) and (iv)

  4. All values are possible

  5. None of the values is possible

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A Correct answer
AI explanation

Using the compound interest formula A = P(1 + R/100)^T, the multipliers for x, y, and z are (1.25)^2 = 1.5625, (1.1)^2 = 1.21, and (1.15)^2 = 1.3225, respectively; this means the interests are 0.5625x, 0.21y, and 0.3225z. Solving the system of equations 0.5625x - 0.16125z = 465, 0.21y - 0.16125z = -960, and y - x = 10000 gives x = 10000, y = 20000, and z = 30000. The total amount invested is x + y + z = 60000, meaning the values 56525, 60658, and 61620 are all less than this total.