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A person invested 3 times as much money in a scheme giving 5% per annum simple interest than he invested in a scheme giving 2% per annum simple interest. Further, he invested Rs. 6000 more in a scheme giving 3% per annum simple interest than he invested in a scheme giving 2% per annum simple interest. If the total interest from the three investments after a year is Rs. 980, then what is the total amount he invested? |
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Answer» A person invested 3 times as much money in a scheme giving 5% per annum simple interest than he invested in a scheme giving 2% per annum simple interest. Further, he invested Rs. 6000 more in a scheme giving 3% per annum simple interest than he invested in a scheme giving 2% per annum simple interest. If the total interest from the three investments after a year is Rs. 980, then what is the total amount he invested? |
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