Satish saved 55% of his monthly income, which he further invested in t

1.	Satish saved 55% of his monthly income, which he further invested in two different schemes A and B in the ratio 7:5 on CI compounded annually at the rate of 10%p.a. and 20%p.a. respectively. if after two years, Satish gets total interest of Rs. 8074 from both the schemes, then find the total annual saving of satish?
Answer» Answer: The ratio of the money INVESTED in two schemes is 2.3 and the rate of the INTEREST CHARGED in the schemes is 10% p.a. and 20% p.a. respectively. FIND the respective ratio of the amounts obtained from the two schemes respectively after 2 years each; if the interest is COMPOUNDED annually. please mark me as brainliest answer please mark me as brainliest answer \| Step-by-step explanation: . . . ₹

Satish saved 55% of his monthly income, which he further invested in two different schemes A and B in the ratio 7:5 on CI compounded annually at the rate of 10%p.a. and 20%p.a. respectively. if after two years, Satish gets total interest of Rs. 8074 from both the schemes, then find the total annual saving of satish?

Answer»

Answer:

The ratio of the money INVESTED in two schemes is 2.3 and the rate of the INTEREST CHARGED in the

schemes is 10% p.a. and 20% p.a. respectively. FIND the respective ratio of the amounts obtained

from the two schemes respectively after 2 years each; if the interest is COMPOUNDED annually.

please mark me as brainliest answer please mark me as brainliest answer

Step-by-step explanation:

₹

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