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Neeraj invested certain amount in schemes A and B for 2 ears in the ratio of 3:5respectively. The schemes A and B offer copoind interest compound annually and simple interest respectively. What is the amount invested in scheme A? I. Rate of interest offered by scheme A is 20% per annum and the rate of interest offered by scheme B is 25% less than that offered by scheme A. II. Amount of interest accrued from scheme B is more than the amount of interest accrued from scheme A by Rs. 900. |
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Answer» if the DATA in STATEMENT I ALONE are sufficient to answer the questin, while the data in statement II alone are not sufficient to answer the question. `=(5x xx15xx2)/(100){3x(1+(20)/(100))^(2)-3x}=900` `=(3x)/(2)-{3xxx(36)/(25)-3x}=900=(3x)/(2){(108x-75x)/(25)}=900` `(75x66x)/(50)=900=9x=900xx50=Rs.5000` Amount invested in scheme `A=3xx5000=15000` |
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