Selim deposited a total of taka 120,000 in two savings accounts for one year. One account offered him 8% interest and the other 10% . If he earned taka 10,000 as interest, how much did he deposit at 8% ?
Created: 6 years ago |
Updated: 2 years ago
best des
Let the amount deposited at 8% and 10% interest be X and (120000 - X) respectively.
Interest, I = P n r
Now, X × 1 × 8/100 + (120000 - X) × 1 × 10/100 = 10000 [total interest]
8X + 10(120000 - X) = 1000000 [multiplying both sides by 100]
or, 8X + 1200000 - 10X = 1000000
or, 10X - 8X = 1200000 - 1000000
or, 2X = 200000
So, X = 100,000 TK
Md Azizur Rahman
Founder of Satt
Related Question
View More
Created: 6 years ago |
Updated: 2 months ago
Created: 6 years ago |
Updated: 2 months ago
Created: 6 years ago |
Updated: 2 months ago
Created: 6 years ago |
Updated: 2 months ago
Created: 6 years ago |
Updated: 8 months ago
Promotion
Download Our Mobile Apps
