1.

Mr. Thomas invested an amount of ₹13,900 and divided it in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be ₹3508, what was the amount invested in Scheme B?

Answer»

Mr. Thomas invested an amount of ₹13,900 and divided it in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be ₹3508, what was the amount invested in Scheme B?




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