A sum of money is invested in three parts: one-third at 3% p.a., one-sixth at 6% p.a., and the rest at 8% p.a. simple interest. If the total simple interest earned in 2 years is Rs. 600, find the total sum invested.
Options:
- A: Rs. 4000
- B: Rs. 4500
- C: Rs. 5000
- D: Rs. 6000
Related Practice Questions:
- A sum of ₹4000 is invested at compound interest for 2 years at a rate of 10% per annum. What will be the total amount at the end of 2 years?
- At what rate of simple interest per annum will a sum of money double itself in 8 years?
- The difference between the compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is ₹25. Find the sum.
- The study of living organism :
Loading Preview