# Ruhi invested a certain amount of money in two schemes

## Q:)Â  Ruhi invested a certain amount of money in two schemes A and B, which offer interest at the rate of 8% per annum and 9% per annum, respectively. She received â‚¹ 1860 as annual interest. However, had she interchanged the amount of investments in the two schemes, she would have recieved â‚¹ 20 more as annual interest. How much money did she invest in each scheme ?

Solution: Let Ruhi invest the money in scheme A = â‚¹ x

and Let invested amount in scheme B = â‚¹ y

Interest in scheme A =

Interest in scheme in B =

Hence,

Multiply by 100

â‡’ 8x + 9y = 186000Â  ——(i)

Agian

Interchanging the amount

â‡’ 9x + 8y = 188000 —– (ii)

Multiply by 9 in eq (i) and 8 in eq(ii) and substracting (i) to (ii)

(72x + 81y) – (72x + 64y) = 1,674,000 – 1,504,000

â‡’ 72x + 81y – 72x – 64y = 170,000

â‡’ 17 y = 170,000

â‡’ y = 10,000

Putting the value of y in (i)

8x + 9y = 186000

â‡’ 8x + 9Ã—10,000 = 186000

â‡’ 8x = 186000 – 90000

â‡’ 8x = 96,000

â‡’ x = 12,000

Invested amount in scheme A =Â  â‚¹12,000

Invested amount in scheme B = â‚¹ 10,000