The sum invested in Scheme B is thrice the sum invested in Scheme A. Investment in Scheme A. Investment in Scheme A is made for 4 years at 8% p.a. simple interest and in Scheme B for 2 years at 13% p.a. simple interest and in Scheme B for 2 years at 13% p.a. simple interest. The total interest earned from both the schemes is INR 1320/-. How much was invested in Scheme A

  • INR 1200/-
  • INR 1140/-
  • INR 960/-
  • INR 1500/-
  • INR 840/-
  • Explanation:

    Let invested amount in scheme A = INR x

    Invested amount in scheme B = INR 3x

    According to question,

    x×4×8/100+3x×2×13/100=1320

    ⇒ 32x+78x=132000

    ⇒ 110x=132000

    ⇒ x=INR 1200/-

The sum invested in Scheme B is thrice the sum invested in Scheme A. Investment in Scheme A. Investm
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