A part of Rs. 9600 is invested at a 5% annual return, while the remainder is invested at a 3% annual return. If the annual income from both portions is the same, what is the total income from the two investments?
(a)
Rs. 320
(b)
Rs. 380
(c)
Rs. 410
(d)
None of these
A part of Rs. 9600 is invested at a 5% annual return, while the remainder is invested at a 3% annual return. If the annual income from both portions is the same, what is the total income from the two investments?
(a)
Rs. 320
(b)
Rs. 380
(c)
Rs. 410
(d)
None of these
Question ID - 56983 | SaraNextGen Top Answer
A part of Rs. 9600 is invested at a 5% annual return, while the remainder is invested at a 3% annual return. If the annual income from both portions is the same, what is the total income from the two investments?
(a)
Rs. 320
(b)
Rs. 380
(c)
Rs. 410
(d)
None of these
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A part of Rs. 9600 is invested at a 5% annual return, while the remainder is invested at a 3% annual return. If the annual income from both portions is the same, what is the total income from the two investments? |
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(a) |
Rs. 320 |
(b) |
Rs. 380 |
(c) |
Rs. 410 |
(d) |
None of these |
|
1 Answer
127 votes
Answer Key / Explanation : (d) -
Let the sum invested at 5% be Rs. 
and that invested at 3% be Rs. 
Then, 5% of 
of 
Hence, the total income = 5% of 
of 
= Rs. 
= Rs. (180 + 180) = Rs. 360.
127 votes
Answer Link
127