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Mr. Batra invested an amount of Rs. 16500 in two different mutual funds A and B at the simple interest rate of 15% p.a. and 10% p.a. respectively. If the total amount of simple interest earned in 2 years is Rs. 3600, what was the amount invested in scheme B? |
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Answer» Mr. Batra invested an amount of Rs. 16500 in two different mutual funds A and B at the simple interest rate of 15% p.a. and 10% p.a. respectively. If the total amount of simple interest earned in 2 years is Rs. 3600, what was the amount invested in scheme B? |
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