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# Veer invested one third of his total investment at 6% and remaining in

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VP
Joined: 18 Dec 2017
Posts: 1272
Location: United States (KS)
GMAT 1: 600 Q46 V27
Veer invested one third of his total investment at 6% and remaining in  [#permalink]

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13 Feb 2020, 16:08
1
1
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25% (medium)

Question Stats:

81% (02:16) correct 19% (02:06) wrong based on 27 sessions

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Veer invested one third of his total investment at 6% and remaining investment at the rate of 9% for one year and received total interest of Rs.960. Find the total sum invested by veer.
(A) Rs. 10,000
(B) Rs. 12,000
(C) Rs. 14,000
(D) Rs. 16,000
(E) Rs. 18,000

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Joined: 18 Aug 2017
Posts: 6014
Location: India
Concentration: Sustainability, Marketing
GPA: 4
WE: Marketing (Energy and Utilities)
Re: Veer invested one third of his total investment at 6% and remaining in  [#permalink]

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17 Feb 2020, 09:12
1
TheNightKing wrote:
Veer invested one third of his total investment at 6% and remaining investment at the rate of 9% for one year and received total interest of Rs.960. Find the total sum invested by veer.
(A) Rs. 10,000
(B) Rs. 12,000
(C) Rs. 14,000
(D) Rs. 16,000
(E) Rs. 18,000

given
x/3 * 6/100 *1 +2x/3 * 9/100 * 1 = 8x/100 = 960
x= INR 12,000
IMO B
Manager
Joined: 22 Sep 2018
Posts: 76
Re: Veer invested one third of his total investment at 6% and remaining in  [#permalink]

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18 Feb 2020, 23:38
1
I = PTR/100

total interest = 960, let Income = x ,

i1+i2 = 960
x/3*0.06 + 2x/3*0.09 = 960.
0.08x=960
x= 12,000.
Re: Veer invested one third of his total investment at 6% and remaining in   [#permalink] 18 Feb 2020, 23:38
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