Peter invested an amount of ₹ $12,000$ at the rate of $10 \%$ $p.a.$ simple interest and another amount at the rate of $20 \%$ $p.a.$ simple interest. The total interest earned at the end of one year on the total amount invested became $14 \%$ $p.a.$ Find the total amount (in ₹) invested.

  • A
    $20000$
  • B
    $22000$
  • C
    $24000$
  • D
    $25000$

Explore More

Similar Questions

$A$ sum of ₹ $7700$ is to be divided among three brothers Vikas,Vijay,and Viraj in such a way that the simple interest on each part at $5 \%$ $p.a.$ after $1, 2,$ and $3$ years,respectively,remains equal. The share (in ₹) of Vikas is more than that of Viraj by:

Difficult
View Solution

$A$ person invests $Rs. 2,00,000$ at $12 \%$ $p.a.$ for $1$ $year$. If he invests $Rs. 500$ more,he is eligible for $13 \%$ $p.a.$ interest. How much more interest (in $Rs.$) would he receive if he accepted the second option?

Prabhat took a certain amount as a loan from a bank at the rate of $8 \%$ simple interest per annum and gave the same amount to Ashish as a loan at the rate of $12 \%$ per annum on simple interest. If at the end of $12$ years,he made a profit of $Rs. 320$ in the deal,what was the original amount (in $Rs.$)?

The simple interest on a sum of money will be ₹ $600$ after $10$ $years$. If the principal is trebled after $5$ $years$,then what will be the total interest (in ₹) at the end of the tenth year?

Dalajit lent ₹ $10800$ to Jaabir for $3$ $years$ and ₹ $7500$ to Kabir for $2$ $years$ on simple interest and received ₹ $1422$ in all from both of them as interest. The rate of interest (in $\%$) per annum is

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo