Question 54. 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

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(b) Rs. 6500

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(d) Rs. 7500

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Solution

The correct option is A
(a) Rs. 6400

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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?

Mr. Thomas invested an amount of ₹ 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 ₹ 3508, what was the amount invested in Scheme B?

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Question 54. 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?

The correct option is A (a) Rs. 6400

The correct option is A
(a) Rs. 6400