Question 5
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In 2000, a part of ₹ 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was ₹ 2.43 lakhs. What was the amount invested in Company P?
- A ₹ 9 lakhs
- B ₹ 11 lakhs
- C ₹ 12 lakhs
- D ₹ 18 lakhs Correct
Correct Answer: Option D
Let ₹ x lakhs be invested in Company P in 2000, the amount invested in Company Q in 2000 = ₹ (30 - x) lakhs.
Total interest received from the two Companies after 1 year
= ₹ [(7.5% of x) + {9% of (30 - x)}] lakhs
| = ₹ |  |
2.7 - |  |
1.5x |  |
![]](/assets/images/data-interpretation/common/15-sym-cbracket-h1.gif) |
lakhs. |
| 100 |
 |
|
2.7 - | |
1.5x | |
|
= 2.43  x = 18. |
| 100 |
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