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    INR 6100/- was partly invested in Scheme A at 10% p.a. compound interest (compounded annually) for 2 years and partly in Scheme B at 10% p.a. simple interest for 4 years. Both the schemes  pay equal interests. How much was invested in Scheme A 

  • INR 3750/-
  • INR 4500/-
  • INR 4000/-
  • INR 3250/-
  • INR 5000/-
  • Explanation:

    Let amount invested in Scheme A = INR x

    Amount invested in Scheme B = INR (6100-x)

    According to question,

    x[(1+10/100)2-1 = (6100-x)×4×10/100

    ⇒ x[121/100-1] = (6100-x)×4×10/100

    ⇒ x[121-100/100]=(6100-x)×40/100

    ⇒ 21x=244000-40x

    ⇒ 61x=244000

    ⇒ x=INR 4000/-