Multiple Choice Questions on A man invested a sum of Rs 50 000 He invested some part at 6 p a and remaining at 6 5 p a How much m........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man invested a sum of Rs 50 000 He invested some part at 6 p a and remaining at 6 5 p a How much m...........

Quantitative Aptitude ( CCS) Data Sufficiency
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    A man invested a sum of Rs 50,000. He invested some part at 6 % p.a. and remaining at 6.5% p.a. How much money did he invest at 6 % p.a.?

    Statement I: The total interest amount paid after 1 year was Rs 3150

    Statement II: The interest on one sum was twice that on the other.

    If the data in statement I alone is sufficient to answer the question.

    Incorrect Answer

    If the data in statement II alone is sufficient to answer the question.

    Incorrect Answer

    If the data either in statement I alone or statement II alone are sufficient to answer the question.

    Correct Answer

    If the data given in both I and II together are not sufficient to answer the question.

    Incorrect Answer

    If the data in both the statements I and II together are necessary to answer the question.

    Incorrect Answer
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    Explanation:

    Let first part is Rs x, then remaining is Rs (50000-x)
    From statement I,
    [(x*6*1)/100] + [((50000-x)*6.5*1)/100] = 3150
    So x can be calculated.
    From statement II,
    [(x*6*1)/100] = 2 × [((50000-x)*6.5*1)/100]
    So x can be calculated.

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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