mr. thomas invested an amount of rs. 13,900 divided in two different schemes a and b at the simple interest rate of 14% p.a. and 11% p.a. respectively. if the total amount of simple interest earned in 2 years be rs. 3508, what was the amount invested in scheme b?

2 hours ago 3
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Let's analyze the problem step-by-step.

Problem Summary

  • Total investment = Rs. 13,900
  • Investment is divided into two schemes: A and B
  • Both schemes have a simple interest rate of 1% per annum
  • Total simple interest earned in 2 years = Rs. 8
  • Find the amount invested in scheme B.

Step 1: Define variables

Let:

  • Amount invested in scheme A = Rs. xxx
  • Amount invested in scheme B = Rs. 13,900−x13,900-x13,900−x

Step 2: Write the simple interest formulas

Simple Interest (SI) = P×R×T100\frac{P\times R\times T}{100}100P×R×T​ Where:

  • PPP = principal amount
  • RRR = rate of interest per annum
  • TTT = time in years

Given:

  • R=1%R=1%R=1% for both schemes
  • T=2T=2T=2 years

Step 3: Calculate total interest

Total interest from scheme A:

SIA=x×1×2100=2x100=0.02xSI_A=\frac{x\times 1\times 2}{100}=\frac{2x}{100}=0.02xSIA​=100x×1×2​=1002x​=0.02x

Total interest from scheme B:

SIB=(13,900−x)×1×2100=0.02(13,900−x)SI_B=\frac{(13,900-x)\times 1\times 2}{100}=0.02(13,900-x)SIB​=100(13,900−x)×1×2​=0.02(13,900−x)

Total interest earned:

SIA+SIB=8SI_A+SI_B=8SIA​+SIB​=8

Substitute:

0.02x+0.02(13,900−x)=80.02x+0.02(13,900-x)=80.02x+0.02(13,900−x)=8

Step 4: Simplify the equation

0.02x+0.02×13,900−0.02x=80.02x+0.02\times 13,900-0.02x=80.02x+0.02×13,900−0.02x=8

0.02x−0.02x+278=80.02x-0.02x+278=80.02x−0.02x+278=8

278=8278=8278=8

This is not possible.

Observation

Since the interest rates are the same for both schemes (1% p.a.), and the time is the same, the total interest should be:

Total Interest=13,900×1×2100=27,800100=278\text{Total Interest}=\frac{13,900\times 1\times 2}{100}=\frac{27,800}{100}=278Total Interest=10013,900×1×2​=10027,800​=278

But the problem states the total interest is Rs. 8, which is inconsistent with the given rates and time.

Conclusion

There seems to be an inconsistency or typo in the problem statement:

  • Both schemes have the same interest rate (1% p.a.)
  • Total interest earned in 2 years on Rs. 13,900 at 1% p.a. should be Rs. 278, not Rs. 8.

Possible correction

If the interest rates are different for schemes A and B, or if the total interest is Rs. 80 (instead of 8), then the problem can be solved.

Please confirm or provide corrected interest rates or total interest

amount.

If you want, I can help solve the problem with corrected data!