Question Details

Amala, Bina, and Gouri invest money in the ratio 3 : 4 : 5 in fixed deposits having respective annual interest rates in the ratio 6 : 5 : 4. What is their total interest income (in Rs) after a year, if Bina's interest income exceeds Amala's by Rs 250?

Options

A

6350

B

7250

C

7000

D

6000

Show Answer

Correct Answer :

Option B

7250

Solution :

The correct option is (b) or 7250.

Let the investments of Amala, Bina, and Gouri be 3x, 4x, and 5x respectively.
Let the annual interest rates of their deposits be 6y, 5y, and 4y respectively.

The interest income is computed as the product of investment and rate. Therefore:
Amala's interest income, IA=3x6y=18xy
Bina's interest income, IB=4x5y=20xy
Gouri's interest income, IG=5x4y=20xy

We are given that Bina's interest income exceeds Amala's by Rs 250:
IBIA=250
20xy18xy=250
2xy=250xy=125.

The total interest income is:
Itotal=IA+IB+IG=18xy+20xy+20xy=58xy.

Substituting the value of xy=125:
Itotal=58×125=7250 Rs.

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