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Test Index
Simple Interest Practice Test 2
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© examsnet.com
Question : 2
Total: 40
A person invested
2
3
rd of his capital at 12% simple interest per annum,
1
4
of that 15% simple interest per annum and the balance at 18% simple interest per annum. If he earns an interest of Rs 1,961 on the whole in two years, what was the person’s capital?
Rs 7,400
Rs 5,600
Rs 3,600
Rs 6,000
Validate
Solution:
Capital = x
S
I
=
(
2
3
x
×
12
100
×
1
)
+
(
x
4
×
15
100
×
1
)
+
(
x
12
×
18
100
×
1
)
SI for two years = 1,961
1961
2
=
2
3
x
×
12
100
+
x
4
×
15
100
+
18
1200
x
x = Rs 7,400
© examsnet.com
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