Simple interest split by alligation: ₹ 1000 is lent in two parts at 6% and 8% simple interest per annum. If the total annual interest is ₹ 75, how much was lent at 8%?
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A₹ 250
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B₹ 500
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C₹ 750
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D₹ 600
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E₹ 400
Answer
Correct Answer: ₹ 750
Explanation
Introduction / Context: With two rates and a known total interest, set up one linear equation in the unknown portion invested at the higher rate. This is a direct application of simple interest with a single time period (1 year).
Given Data / Assumptions:
- Total principal = ₹ 1000.
- Rates: 6% and 8% per annum.
- Total annual interest = ₹ 75.
- Let x be the amount at 8%.
Concept / Approach: Interest = 0.08x + 0.06(1000 − x) = 75. Solve for x to get the principal at 8%.
Step-by-Step Solution:
0.08x + 60 − 0.06x = 750.02x = 15 ⇒ x = 750Verification / Alternative check: Check: 8% of 750 = 60; 6% of 250 = 15; total = 75, consistent.
Why Other Options Are Wrong: The other values produce interest totals different from ₹ 75 upon substitution into 0.08x + 0.06(1000 − x).
Common Pitfalls: Assuming equal split or averaging rates without regard to the interest total constraint.
Final Answer: ₹ 750