A person invested in all Rs. 2600 at 4%,6% and 8% per annum simple interest. At the end of the year, he got the same interest in all the three cased. The money invested at 4% is :
A
Rs200
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B
Rs600
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C
Rs800
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D
Rs1200
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Solution
The correct option is DRs1200
A person invested Rs. 2600 at 4%,6% and 8% respectively.
Let the three parts be x,y and z.
Then, x×4×1100=y×6×1100=z×8×1100 ⇒0.04x=0.06y=0.08z ⇒xy=0.060.04=32 and yz=0.080.06=86=43 ⇒xy=64 and yz=43 ⇒x:y:z=6:4:3 ∴ sum invested at 4%=613× Rs. 2600= Rs. 1200