Free help with homework

Why join Brainly?

  • ask questions about your assignment
  • get answers with explanations
  • find similar questions

Ayesha received a gift of Rs. 75,000 from her mother. She invested a part of the amount at 9% and another part at 10% simple interest. If Ayesha receives

an interest of Rs. 14,400 at the end of 2 years, how much do she invest at 10%?



This Is a Certified Answer

Certified answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but certified answers are the finest of the finest.
Simple interest = P * r * t
Let investment in 10% scheme be X units.

Total interest
   = (75, 000 - X) * 9/100 *2  +  X * 10/100 * 2
   = 14, 400  units

Solving the above equation  X = 45, 000 units
1 5 1
The Brain
  • The Brain
  • Helper
Not sure about the answer?
Learn more with Brainly!
Having trouble with your homework?
Get free help!
  • 80% of questions are answered in under 10 minutes
  • Answers come with explanations, so that you can learn
  • Answer quality is ensured by our experts