CSC
Company
Mr. Thomas invested an amount of Rs. 13,900 divided 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 Rs. 3508, what was the amount invested in Scheme B?
A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500
E. None of these
Read Solution (Total 2)
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- Answer is 6400
Let the Sum lent at 14% is X and sum lent at 11% is 13900-X
(X*14*2/100)+((13900-X)*11*2/100)=3508
Solving this we get X=7500
So Amount invested in B is 13900-7500=6400 - 12 years agoHelpfull: Yes(5) No(2)
- answer will be 6400
- 13 years agoHelpfull: Yes(2) No(1)
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