Question

An amount of Rs.15000 was invested in bank A and B at simple interest 15% and 10% pa respectively. If the person earned at total of Rs. 5400 as simple interest in 3 years. The amount invested in bank A and B are respectively

• A. Rs.9000, Rs.6000
• B. Rs.6000, Rs.9000
• C. Rs.6500, Rs.8500
• D. Rs.5000, Rs.10000
• E. None of these

Answer 1

The correct option is B

Rs.6000, Rs.9000

Let P is amount invested in bank A

$\frac{P\times 15\times 3}{100}+\frac{(15000-P)\times 10\times 3}{100}=5400$

P = 6000