A man has Tk. 1,00,000 to invest. He invests Tk. 40,000 at 5% and Tk. 35,000 at 4% interest rate. In order to have a yearly income of Tk. 5,000, at what rate of interest he must invest the reminder amount.

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Satt Academy · Accepted Answer

Let, the remaining amount would be invested at x% interest.Here, remaining amount = 100000 - 40000 - 35000 = 25000 Tk.According to question,( 40000

× 5%)+(35000 ×4%)+(2500 × x%)=5000 =40000×5100+35000×4100+25000×x100=5000

A man has Tk. 1,00,000 to invest. He invests Tk. 40,000 at 5% and Tk. 35,000 at 4% interest rate. In order to have a yearly income of Tk. 5,000, at what rate of interest he must invest the reminder amount.

Question:
A man has Tk. 1,00,000 to invest. He invests Tk. 40,000 at 5% and Tk. 35,000 at 4% interest rate. In order to have a yearly income of Tk. 5,000, at what rate of interest he must invest the reminder amount.

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A man has Tk. 1,00,000 to invest. He invests Tk. 40,000 at 5% and Tk. 35,000 at 4% interest rate. In order to have a yearly income of Tk. 5,000, at what rate of interest he must invest the reminder amount.

Question: A man has Tk. 1,00,000 to invest. He invests Tk. 40,000 at 5% and Tk. 35,000 at 4% interest rate. In order to have a yearly income of Tk. 5,000, at what rate of interest he must invest the reminder amount.

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Question:
A man has Tk. 1,00,000 to invest. He invests Tk. 40,000 at 5% and Tk. 35,000 at 4% interest rate. In order to have a yearly income of Tk. 5,000, at what rate of interest he must invest the reminder amount.