IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
Rs. 7000 is divided unequally in two parts and invested in scheme A, which offers 10% p.a. compound interest which compounded annually and in scheme B, which offer 15% p.a. simple interest for 2 years and 3 years respectively. If the interest earned from scheme A is 84% of that earned from scheme B. Find the sum invested in scheme A. A) Rs. 4200 B) Rs. 2700 C) Rs. 3000 D) Rs. 4000 E) Rs. 4500
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